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| More than 83 per cent of South Australia's electricity came from renewables earlier this month. |
Unusual weather in South Australia, at a time when it could
not turn to Victoria for additional supplies earlier this month, forced its
government to take the extraordinary step of intervening in the power market.
It sought a mothballed power station to be put back into service to ensure
blackouts could be avoided.
It termed it a "failure in the energy market' although
more realistically, it was a failure of risk management by some large power
users which had turned to the spot market for their power needs and not
'hedged' their position. When the spot price surged, they turned to the
government to get them out of their pickle.
Read Brian Robin’s story in the Melbourne Age - “Renewable energy 'debate' cops a lot of hot air.”

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