Is there a public source of the cost of electricity from each generator over time? We seem to have a large wind farm under construction, and two small and the rest of one large gas generator being decommissioned in the next few years. There are other wind farms (and solar?) proposed but not yet under construction, and the government proposal for a hydrogen system.abc wrote: ↑Sun Mar 17, 2024 11:23 pmChannel 7 is generally pro LabourSBD wrote: ↑Sun Mar 17, 2024 11:14 pmThat felt like a political attack ad, far enough out from the general election that they don't want to propose solutions in case the current government has time to implement them.abc wrote: ↑Sun Mar 17, 2024 10:16 pmWhy would anyone want to start a business in South Australia?
https://x.com/7NewsAdelaide/status/1769 ... 22276?s=20
I couldn't work out why the "small business" in the example was removing her stock from the fridge before turning it off. Did she over-produce and the excess is being chucked out, or is she letting stuff warm up that will be cooled again tomorrow when she turns her fridge back on? Electricity prices seemed to being blamed as a proxy for poor stock management or demand forecasting. Perhaps she should make less, and accept that some days she can knock off early because she sold out of the day's stock.
South Australia has the highest energy prices is a fact.
The spot market price is the highest price bid by any generator in that time period. Overall, we need the highest price available to be reduced. I don't know if we can find out which generator sets the price at any moment and whether there can be any collusion identified.
The long periods when the spot price is negative probably act as a disincentive to investing in new generation. It looks like they coincide everywhere, so maybe the opportunistic load to make hydrogen will help (eventually).