Posted on 07/17/2016 11:29:37 AM PDT by MaxistheBest
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.
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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 business about the extreme prices – in normal times they are below $100 – prompted the state government to ask energy company ENGIE to switch its mothballed Pelican Point gas power station back on.
The extraordinary intervention – first foreshadowed in December when the government of premier Jay Weatherill hosted an energy crisis meeting – comes as electricity prices soar to near record levels across the nation.
(Excerpt) Read more at wattsupwiththat.com ...
The power plant I work at is like to get $40 a MWh
I had a 5 week vacation near Adelaide this last winter, rented a vacation home, many many homes had solar panels, the renters did everything they could to keep the costs down and said if i used too much i would have to pay extra charges. Its like that all over, stunts growth of the nation.
What energy source?
Says it all.
Wind.
I know what the article says. I was asking FReeper castlegreyskull about the energy source of the power plant where he works.
I didn’t intend to post my remark. My finger was over the left mouse button while I was reading and deciding and subconsciously let it click.
A huge heat wave is predicted for the upper Midwest this week with heat indices of 120 degrees. How many people would die due to lack of air conditioning if we had electric prices like this?
Obama: "You can't make an omelet without breaking a few eggs!"
In a deregulated/privatized market like Australia or Texas, this is the way it works.
It has been brutally cold in Australia and all the natural gas is being sucked up for heating, leaving shortages for the electricity generators.
Here is an article from Australia which is more accurate than the above article.
At least that would make Algore happy. His ilk want us to starve in the hot sticky dark.
Typical Agenda 21 ... choose heat or eat!
Alright. I’m going backpacking in North Carolina next week. I hope its still warm.
It’s uncomfortable, but normally healthy people can live and even thrive without AC. Babies, elderly and unhealthy, not so much, but the rest of us aren’t the wilting flowers that many claim us to be.
Sorry. I didn’t mean to be snippy at you.
Dying from heat is unacceptable if it is caused by AGW but ok if it is in the name of Green Energy.
Dying from cold is unacceptable if your homeless or need an EBT card but ok if the alternative is coal generated heat.
Dying from all sorts of pestilence is unacceptable if you have a rascist landlord but acceptable if he does not use DDT.
Dying from hunger is unacceptable if you only 30% above the poverty line but acceptable if means no herbicides, pesticides, or gmos.
See the goal of the Greens is less humans, less consumption, less resources. Unless you are part of the ruling class.
Here in southern UT our electrical cooperative recently won a court battle with the Clown Prince nobama EPA losers about our coal powered plant. We pay $.05 per kilowatt hour. Screw these econuts and their idiocy. I’m going to go turn the ac lower.
R/Janey
lets get a grip on this.....$14000 MW is 14 cents per KW/hr, that is the rate a consumer would pay, not cheap.....
Actually it’s $14/KwH, not 14 cents
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