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Sudden power price rises show need for climate policy certainty report

2016-09-25 23:56:00| Climate Ark Climate Change & Global Warming Newsfeed

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...

Tags: policy show price report

Category:Electronics and Electrical

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