Guardian: Huge spikes in wholesale electricity prices in South Australia in July show stable, nationally consistent climate policy must urgently replace unmanageable uncertainty for energy market investors, according to a new analysis by the Grattan Institute.
When the short-term spot price of electricity spiked to its peak of $14,000 several times on 7 July, some commentators sought to blame the high share of wind power in the state. Energy experts argued the price spikes were a result of an abuse of...