SA gas generators game energy market for $40–60m windfall profit says @takvera #renewables

John Englart

John Englart

Citizen journalist at No Fibs
John Englart has always had a strong social and environmental focus and over the past 10 years climate change science, climate policy and climate protest have become an increasingly important and primary focus of his work as a citizen journalist.
John Englart
- 6 hours ago
John Englart
I am involved in various Moreland-based community groups including Sustainable Fawkner where I blog on local and sustainability issues, Climate Action Moreland and Moreland Bicycle Users Group. I am also a member of Friends of the Earth, off and on, since 1976, and wrote the contribution on the Rides Against Uranium in the 1970s for the Friends of the Earth Australia book to mark the 30-year anniversary of FoE – 30 Years of Creative Resistance.
Dylan McConnell explaining the problems with South Australian energy generation and market

Dylan McConnell explaining the problems with South Australian energy generation and market

Renewables generation in South Australia has been under heat in some sections of the media (See Judith Sloan Energy price reveals folly of renewables in The Australian) for a spike in wholesale energy prices in June 2016, but a new detailed academic analysis reveals the spike in wholesale prices was due to high gas prices caused by exporters needing to fill export contracts and gas generators gaming the market.

More moderate and knowledgeable commentators like Associate Professor Hugh Saddler at The Conversation highlighted South Australia’s electricity price woes are more due to gas than wind.

I followed the discussion at a seminar in Melbourne today by Energy researcher Dylan McConnell that explained his latest research and report on the South Australian energy market.

Lead Image by Pat Simons/Twitter


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