I suppose that with the forthcoming general election and the populace demanding statements on climate change as well as security in the region, the subject of electricity supply and cost was bound to rear it's ugly head. This article outlines some of the issues:
Slow move to renewable is spiking power prices for households (thenewdaily.com.au)
I have some questions and concerns about this but before I get into that, the premise is that wholesale prices have averaged a 141% increase for the first quarter of 2022 compared to the same period in 2021. I wouldn't dispute that. I did find it strange that when questioned the Prime Minister blamed the situation in Europe for the price spikes (actually SWMBO thought the comment had been made by the Labour party), but I fail to see the relevance. Solar, wind and hydro do not have a fuel that is dependant on Europe. Coal fired stations burn rubbish quality coal mined in Australia that is never ever exported. The only possibility that I can see for a European influence is if gas prices have gone up because there is more of a demand for our product overseas.
If that were the case, and I don't believe it is, it would be the last nail in the the already fully constructed coffin that gas is a way to clean energy.
Even more surprising is that nobody has apparently called this one out!
Back to the article linked above. These are the the flaws in the article I would point to:
1. There is an increase in price of ~ 141% compared to the 2021 quarter. It is still higher than Q1 2020, but not so much and it is less than Q1 2019.
2. It is the first time in years that I have seen QLD prices the highest.
3. QLD has more solar power than almost any other state, but not the most as a ratio to total demand. That falls to South Australia, but they would be in extreme difficulty if they did not have the Victorian interconnector.
4. The statement was made that we need more renewable energy and that is probably true, but not in isolation and not without sufficient corresponding storage facilities.
5. Blame was laid at the feet of the coal fired power stations for pushing the price up. What did these nut jobs expect when they went to a competitive market? If there is a dearth of toilet rolls the price goes exponential. Excrement is not the only "shirty" business.
6.
"The best response to breakdowns at old coal fired generators is to replace them more quickly than planned," said independent economist and Climate Council member Nicki Hutley." Replace them with what? More renewables that don't function at night or in calmed conditions or during a drought?
7.Professor Mountain said
" We only need one megawatt of storage for every megawatt of solar and wind." I would contend that it is the other way around and even that is a vast understatement. I would be most interested to know how that is going to work. Also we need to talk in megawatts
per hour and not megawatts for
one hour (or maybe two hours), which is the extraordinary small capability of the existing storage batteries.