Snowy Hydro is using unpublished negative price data to boost prospects of Snowy 2.0’s commercial success. But the claims raise more questions than answers.
Snowy Hydro has claimed that its massive “Snowy 2.0” pumped hydro scheme will reduce emissions by storing renewable electricity. Is this correct?
Snowy 2.0 is a bad deal for taxpayers, and analysis suggests it will deliver a fraction of the energy benefits promised.
If this demand-response mechanism does what it is claimed to do, it could be a significant development for the electricity markets in southern and eastern Australia. But the actual proposal is eye-wateringly complex and there is reason to be circumspect.
Some customers may see some bill reductions, but the Australian Energy Regulator’s decision on DMOs is unlikely to take the political heat out of electricity prices.
As more coal generators don their cloaks and ride into the sunset we must make sure their owners do not keep making off with the family silver.
A new regulation has highlighted that consumers who used comparison sites typically paid 5-12% more than the lowest possible offer.
Remember the Babel fish from the Hitch-hiker’s Guide to the Galaxy? Advocates are using them to justify the NEG.
How can a policy that is designed to do something that will happen anyway causes prices to be any lower than they would be anyway?
Energy bills are becoming to complex to understand, but we can learn much by analysing them closely. Here’s how..