Tesla says unprecedented chaos in South Australia’s electricity market on Monday highlights need for quick shift to 5-minute settlement. Coalition predictably blames renewables, while ACCC waves its hands and says price gouging is perfectly legal.
Networks say Regulator draft decision will result in largest single cut to the amount the sector can recover on its investments. Consumer group says it could have been bigger.
ESC chair says outcome of retailer switching drive has been “contrary to usual expectations” of increased market competition.
Victorian homebuilder Porter Davis has announced a partnership with Australia’s leading solar and battery provider, Bradford Energy, to equip knockdown rebuild homes with the Bradford Solar ChargePack, which includes the innovative Tesla Powerwall 2 home battery.
Report says fundamental failure to deliver national, coordinated, stable energy and climate policy a major factor in pushing up electricity prices.
The gas industry profited enormously from electricity price spikes in South Australia. The media also played a role, using renewables as a scapegoat.
Not as much as Greg Hunt would have you believe… CEC report says electricity price spikes mostly driven by network costs – costs that are now being reduced by increased uptake of solar and battery storage.
New report compares electricity rate designs, pilot studies, expert analysis to identify the key dimensions of time-based and demand tariffs for consumers.
Court reverses move to curb network costs, a decision that could result in higher grid charges, and an accelerated push from consumers to seek alternatives and maybe quit the grid.
Money spent on helping consumers reduce demand means less money spent on substations and other infrastructure.