The fear is palpable
How much fun can you have living in a global experiment? In Australia, peak summer is about to hit in a post-Hazelwood-electricity-grid. We’re drowning in electricity news as summer ramps up. Everyday there’s another Grid story in the press, and a major effort going on to avoid a meltdown. Minister Josh Frydenberg announced today that “we’ve done everything possible to prevent mass blackouts”. Or as he calls it, a repeat of the South Australian Horror Show. Politicians are so afraid of another SA-style-system-black that they are throwing money: The “Snowy Hydro Battery” will be another $2 billion. Whatever. It’s other people’s money.
This is what they are afraid of:
The red bars mean “Reserve Shortfall”. The dark blue matter is “Generation”. The graph covers two years (sorry about the quality) so the two red bursts are summer 2018 and summer 2019.
SA Medium Term Forecast, Outlook, AEMO, Nov 16th 2017, South Australia.
Oddly we are headed for a critical time, but this’s the most recent graph I can find — thanks to Wattclarity – from November 16th, 2017. (Here’s an earlier version from March 2017. and from Dec 2016). Perhaps there is a newer kinder forecast, but curiously the AEMO Medium Term Outloook page isn’t working “til early 2018″. Hmm? Odd time to take it down.
The words in that top box (rewritten below*) indicate they do a new outlook every two weeks, but I can’t find one on the Wayback Machine, or Google Cache. Perhaps you can? Please let me know.
Australian electricity prices forecast to rise and fall at the same time
The ABC tells us prices look set to fall:
…click on the above link to read the rest of the article…
