Electricity futures prices for South Australia fell by 15.6pc in August after wind farms in the state produced a record amount of power. The South Australia front-quarter ASX Energy — formerly d-cyphaTrade — power futures contract priced at A$72.45/MWh ($68.30/MWh) on 30 August, down ...
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He has previously said the election will act as a referendum on renewable energy as the state struggles with the highest electricity prices in the country. Under the plan, 25 percent of South Australia's peak energy demand will be met by renewable energy, with Weatherill saying that private se...
"Today's event is symbolic of our desire to develop and invest in new-generation energy assets that will bring down Australia's electricity prices to competitive levels again," Gupta said. When completed, Gupta's 120MW battery will surpass the 100MW battery built by Elon Musk's Tesla in SA...
Despite all this, South Australians don’t appear to have entirely lost their faith. Affluent South Australians who can afford sky high electricity prices still support renewables. A substantial minority of South Australians view green jobs as being critical to the state’s economic future. ...
This followed the closure of two coal-fired power stations in recent years, which has forced up electricity prices and increased South Australia’s reliance on energy supplies from the eastern Australian states, particularly in times of peak demand...
Once completed, the SA-NSW interconnector line will help to lower the electricity prices and also support the state’s aspiration of net-100% renewables in 2030. Additionally, four large-scale solar farms are planned along the route, which runs from Robertstown in South Australia and Wagga Wagg...
Things might become clearer on Friday when Australia's Chief Scientist Alan Finkel briefs the Prime Minister, Premiers and Chief Ministers on how he thinks the national electricity market should be reformed. There is plenty to consider. The constant hikes in power prices, coupled with...
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23 (Xinhua) -- The world's largest lithium ion battery in South Australia (SA) has "taken the straw off the camel's back" and saved the state from a number of blackouts, a report has found. The battery, which was built by U.S. energy storage giant Tesla and begun operation in ...