Because of the lack of competition that could have been introduced if RET policy was held steady, fossil fuel generators can use their market power to artificially inflate prices, and somehow convince media and politicians that it is all the fault of wind and solar.
Tag: "electricity market"
What drove Victoria’s wholesale electricity market prices up 46% in 2016? We put the screws on the historical data to find out.
Australia’s electricity grid looks likely to progress more systematically to a cleaner more secure future thanks to Australia’s Chief Scientist Alan Finkel. Here’s why…
Another of Australia’s dirtiest coal-fired generators has closed due to the confluence of incompatible energy market conditions. So how does that match with what the conservative types are telling us?
World Energy Council gives out clear message on move away from fossil fuels, but the fossil fuel industry wasn’t listening.
Batteries will supercharge the energy revolution, smoothing renewables and offering prosumers autonomy. Right now, though, the regulatory space is a bit of a Wild West.
ACCC says it’s perfectly OK for big utilities to exercise their market power and force up prices, as they did to devastating effect in South Australia last month. And although the regulator identified the lack of competition in the state a decade ago, it still chooses to take a pot-shot at renewables.