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

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.

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.

 

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This from the same story quoted above.
"The failure in the energy market has led the Government to ask ENGIE, the owner of Pelican Point Power Station, to run the plant for a short period, providing 239MW of additional supply into the energy market."

Run the plant for a short period of time? Naw, I don't think so mate!
It would be interesting to know why the plant was shut down in the first place. Environmental regulations? If so, don't even consider bringing it back on line until the regs are changed and there is an iron clad guarantee (I know, no such animal) that the fossil fueled plant will be allowed to compete for it's product/price in a fair and open competitive market.
 
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