$14,000 per MWh – the price South Australia Pays for Renewables Madness

“Once again renewables are demonstrating their total inability to cope without backup from real power generation systems.

The fallout from this disaster may extend much further than a month of insane electricity bills.”

Watts Up With That?

green_money_windmills

Guest essay by Eric Worrall

The South Australian Government been forced to beg fossil fuel operators to bring mothballed plants back online, to contain wild swings in electricity spot price caused by unstable renewable production, prices which last month peaked at $14,000 / MWh – up from more normal prices of $100 / MWh which prevailed before political favouritism towards renewables messed up the market.

South Australia intervenes in electricity market as prices hit $14,000MWh

Turmoil in South Australia’s heavily wind-reliant electricity market has forced the state government to plead with the owner of a mothballed gas-fired power station to turn it back on.

The emergency measures are needed to ease punishing costs for South Australian industry as National Electricity Market (NEM) prices in the state have frequently surged above $1000 a megawatt hour this month and at one point on Tuesday hit the $14,000MWh maximum price.

Complaints from…

View original post 358 more words


One Comment on “$14,000 per MWh – the price South Australia Pays for Renewables Madness”

  1. […] South Australia, wholesale prices are regularly spiking to the market-allowed maximum of $14,000 per megawatt hour. In July 2016, South Australia’s wholesale price spiked above $13,000 per megawatt hour 32 […]

    Like


Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.