Correct, it is a well-known right-wing think tank. I would also be sceptical of a left-wing think tank.
The video poses the question, "if renewables are cheaper, why do they require subsidies?" The assumption here is that building new coal or nuclear plants would not rely on any subsidies. It very much would.
If low renewables meant cheaper power, countries like Italy or Poland should have low prices—but they don’t. The biggest driver in Europe has been gas dependence, not renewables.
Italy (lower renewables than Germany, high gas reliance)
→ consistently very high electricity prices
Ireland (significant gas dependence)
→ also high prices
Poland (coal-heavy, relatively less wind/solar historically)
→ not cheap, often still high due to coal + carbon costs
In terms of being directly attributable to renewable, yes, there is truth there. In 2020, I had rooftop solar installed. I had an upfront cost of $3500 plus a 4-year low-interest loan with payments of around $40 a month for 4 years. If they added to my reduced bills, then it looks like solar would have vastly increased the cost of my electricity. My philosophy here was that in order to save money, I had to spend money up front. My system has definitely paid for itself, and I am now unbothered by the price of electricity.
We are in a phase of great change (just like when I got rooftop solar).
I regularly go for a bike ride past Geelong docks and also the oil refinery. On one side of the road, there are enormous stacks of wind turbine parts, blades and tower components as well as the nacelle structures that are awaiting delivery to the site. On the other side of the road, it is the refinery that is noisy and stinks (and recently caught fire). This is quite a contrast.
It is quite exciting to live in this time of change. Sure, there will be hiccups and missteps along the way. I suppose going from the Stone Age to the Bronze Age had its challenges.
As solar and battery technology improve in efficiency and cost, it is undoubtedly doing fewer people will need to be connected to the grid, giving people economic benefits as well as autonomy.