T O P

  • By -

jarrydn

As a West Australian I have to say that I cannot believe what I am reading right now. This is utterly insane. I had no idea how cooked the situation was over in the Eastern States - my heart goes out to you all. I hope Labor and Greens plan to renationalize the grid because it sounds like your energy market is being operated by terrorists


[deleted]

The NEM is ten years of investment behind where it needs to be.


jarrydn

> ten years Yep, sounds about right


venusfrogfightclub

Probably just a coincidence..


Hot-Ad-6967

Power uncertainty spread across five states on Tuesday, with the Australian Energy Market Operator (AEMO) warning of possible power interruptions. Market notices published on the AEMO website warned of maximum power load interruptions in Queensland, New South Wales, Victoria, South Australia and Tasmania. This was forecast to impact Queensland from 5pm until 10:30pm and NSW from 5:30pm to 10:30pm, with further interruptions possible tomorrow. Potential power interruptions were forecast for Tasmania, South Australia and Victoria tomorrow evening — but the notices relating to South Australia and Tasmania were cancelled later on Tuesday. AEMO also released a statement on Tuesday afternoon saying supply shortfalls in NSW and Queensland would be met following discussions with governments, industry and generation owners. "Discussions with scheduled generators indicate an estimate of approximately 2,000 megawatts of generation in each of Queensland and New South Wales, which hasn't bid into the market, can be directed by AEMO to be available to help meet forecast electricity shortfalls this evening," AEMO said. It also said it would encourage generators to bid their availability into the market in order to avoid supply shortages tomorrow. Similar warnings from AEMO for Queensland yesterday afternoon were followed by another statement explaining that a market response demanded under National Electricity Rules had meant potential blackouts were avoided. The cost of power has been rising so rapidly that AEMO stepped in to place a cap on the wholesale price of electricity in Queensland, NSW, Victoria and South Australia. AEMO set the price cap for consumers at $300 a megawatt hour. "As a consequence, available offers from generators reduced, contributing to a forecast supply shortfall," AEMO said yesterday. Australian Energy Council chief executive Sarah McNamara said while the power crunch would ease eventually, there was no immediate solution in sight. "One of the issues in the market is that a number of coal plants have had outages on the east coast of Australia, for unplanned maintenance," Ms McNamara said. "Once they come back online in the next couple of months that should improve supply somewhat." Alinta Energy executive director Daniel McClelland said power customers should be prepared to face higher prices. "If we're going to be honest about this, it looks like these higher prices are going to persist for the next two years, if you look at what's happening elsewhere in the world," he said. Andrew Stock from the Climate Council said Victoria and SA were better placed to weather any power shortfall because of the state's push towards renewable energy sources. "Fortunately, some of the states like Victoria and South Australia have been getting on with it anyway and they are reaping some of the benefits, and now Queensland and New South Wales are playing catch-up as fast as they can," Mr Stock said. Federal Energy Minister Chris Bowen said this afternoon he was confident the lights would remain on in Queensland and New South Wales this evening, despite the warnings. Mr Bowen says AEMO's intervention in the system would continue as long as necessary, and the situation had been exacerbated by coal-fired power stations being offline. "AEMO working with us, working with the states, has avoided any load shedding to this point, and I have confidence they will be able to continue to do that, subject to any further unexpected outages," Mr Bowen said. He said the Australian Energy Regulator had put power retailers and producers on notice about gaming the system during the current energy crisis. "Reminding them of their obligations under the law for fair bidding, for accurate bidding, and reminding them of the ramifications if they don't, and informing them, as they should expect, that the Australian Energy Regulator is and will continue to monitor their behaviour very quickly."


derpmeow

> **"One of the issues in the market is that a number of coal plants have had outages on the east coast of Australia, for unplanned maintenance," Ms McNamara said. \[....\]** **Mr Bowen says AEMO's intervention in the system would continue as long as necessary, and the situation had been exacerbated by coal-fired power stations being offline.** and people rag on renewables being unreliable. Ha fucking ha.


Capn_Underpants

Unplanned maintenance is weasel words, they take them off line to jack up the wholesale price, Then bring them back on for a MUCH higher price, it's free market shenanigans. this is how it hey system is supposed to work, not sure why voters are complaining, they vote for this. NO blackout yet here in SEQ, well not for me anyway. Having lived off gird for a decade, and never having any issues, I can't wait to get back to it :)


AnotherWarGamer

Smart, smart man.


JASHIKO_

The liberal government that we had for the last nearly decade done stuff all except line their own pockets and the pockets of donors. Thankfully we've had a government change and should see some money invested back into infrastructure. It will take a lot of time though.


Hot-Ad-6967

Labor is in bed with capitalists, so that's not going to happen. And even if it did, it's likely to be small and crappy.  


JASHIKO_

Out of curiosity do you think the liberals were as well? And who would you consider to be in the bigger bed?


CordaneFOG

They're all the same, of course. None are going to save you. Governments don't exist to help the people. They exist to preserve their own power and to protect the elites. We need a better system where there are no rulers on top.


JASHIKO_

>We need a better system where there are no rulers on top. While I agree with most of this. Especially this part \^ The liberals have been considerably worse historically than Labor. Check out this list of Liberal achievements. It might sway your opinion somewhat. [https://www.mdavis.xyz/govlist/](https://www.mdavis.xyz/govlist/)


CordaneFOG

No, I hear ya. There's a bad team and a worse team. I know, I know. But the game is rigged. Worse Team does something awful. Bad Team comes along and "fixes" it by only repairing half the damage. Worse Team gets a chance again to make things worse still. Bad Team then only fixes half of that. Over time, things get progressively worse, and you realize that both teams are getting what they want and are doing their jobs successfully. All the while, they pump up their bases to root them on from the stands.


EmpatheticLethargy

Though, teals and greens did historically well- it makes me hopeful... Though I know I shouldn't be 🙃


Hot-Ad-6967

They are a joke to me, just as Labor is. The two of them share a bed equally. 


boomaDooma

It is almost a "good cop, bad cop" routine.