South Australia’s Electric ‘La-La Land’: Renewables Debacle Adds 124% to Wholesale Prices

One of the wind cult’s more pathetic efforts in late 2017 was to run a line that notionally wind powered South Australia’s wholesale power prices were finally heading south. All thanks, of course, to the wonder of sunshine and breezes.

Meanwhile, back on earth, the reality is that South Australia’s wholesale power prices have increased by more than 124% over the last two years.

That increase has nothing to do with increased distribution costs, and is all about the chaos delivered by the weather.

SA’s rocketing wholesale power prices are about the price retailers need to pay conventional generators to secure reliable supply when the wind stops blowing. That cost includes tens of $millions being paid to compensate SA’s gas generators, forced to stay online to ensure a stable supply of electricity.

via South Australia’s Electric ‘La-La Land’: Renewables Debacle Adds 124% to Wholesale Prices

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