South Australia is proving to the world that relying largely on wind and solar energy with battery back-up is incredibly cheap, with electricity prices tumbling by 30 per cent in a year and sometimes going negative
edit maybe the state is South Australia, or at least that is what the comments said but idk
The biggest impact on SA power prices right now is the wild price fluctuations, because the power price ceiling is $23,000 and the floor is -$1000 it means that it only takes a few hours at the ceiling to completely blow average prices up
And sadly we won’t be able to write this article at the end of the summer quarter because SA had a major heatwave that lasted a week:
The biggest impact on SA power prices right now is the wild price fluctuations, because the power price ceiling is $23,000 and the floor is -$1000 it means that it only takes a few hours at the ceiling to completely blow average prices up
And sadly we won’t be able to write this article at the end of the summer quarter because SA had a major heatwave that lasted a week:
https://www.youtube.com/watch?v=2dKOp6d6dvo
Which meant a boatload of air conditioners on 24x7 which meant a ton of power draw on the grid so it maxed out for ages
https://explore.openelectricity.org.au/energy/sa1/?range=30d&interval=1d&view=discrete-time&group=Detailed
So yeah a painful one coming up
At first i thought “kinda weird to talk about summer like it’s happening right now”, and then i realised… it is. Hemispheres be fucky