Re:After many false starts, hydrogen power might now bear fruit
by flgb on Sunday July 05, 2020 @07:22AM
(#23737920)
> worst managed (and most expensive) electricity globally
That's a strong claim. Wholesale electricity prices in South Australia are currently around USD$45/MWh.
My understanding is that South Australia has historically always had the highest electricity prices in Australia due to dependence on gas generation within a small market controlled by two players who took advantage of their market power, but that this is starting to reverse now due to the shift to more renewables over the last decade, and South Australia may now be on track to have the cheapest electricity in Australia.
That's a strong claim. Wholesale electricity prices in South Australia are currently around USD$45/MWh.
My understanding is that South Australia has historically always had the highest electricity prices in Australia due to dependence on gas generation within a small market controlled by two players who took advantage of their market power, but that this is starting to reverse now due to the shift to more renewables over the last decade, and South Australia may now be on track to have the cheapest electricity in Australia.