Does South Australia really have the highest energy prices and the least reliable grid?
7 years ago

Does South Australia really have the highest energy prices and the least reliable grid?

ABC  

Electricity prices and the reliability of South Australia's energy grid will be key issues for voters in this Saturday's state election. To support Mr Marshall's statement, the spokesperson provided The Conversation with: Two 2017 documents from the Australian Energy Market Operator One 2015 document from the Australian Energy Regulator A letter from the Essential Services Commission of South Australia to the SA Minister for Energy Tom Koutsantonis A 2017 article from the Australian Financial Review Regarding the reliability of South Australia's grid, the spokesperson said the Australian Energy Market Operator's Electricity Statement of Opportunities shows "in 2017-18 South Australia has the highest percentage of unserved energy at 0.0025 per cent", adding that "the reliability standard is 0.0020 per cent". Verdict SA Liberal Party leader Steven Marshall said South Australia had "the highest energy prices in Australia — some say in the world". According the Australian Energy Market 2017 Residential Electricity Price Trends report, South Australia does indeed have the highest retail prices in the nation. Mr Marshall's office did refer The Conversation to the AEMO's Electricity Statement of Opportunities, which predicts South Australia's unserved energy over 2017-18 at 0.0025 per cent, just above the reliability standard.

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History of this topic

Power prices that are 'double' the benchmark spark calls for overhaul of energy consumer safeguards
7 months, 1 week ago

Power prices that are 'double' the benchmark spark calls for overhaul of energy consumer safeguards

ABC  

Some households are being charged more than double the regulated benchmark price for electricity, fuelling claims that Australia's energy consumer protections are failing and need to be overhauled. Among them is one customer from South Australia whose new costs are an "estimated" 103 per cent above the default offer, otherwise known as the government reference price. The regulator said the …

Booming renewable energy generation halves wholesale power prices across national grid
1 year, 2 months ago

Booming renewable energy generation halves wholesale power prices across national grid

ABC  

Rapid growth in renewable generation slashed the wholesale cost of power in the national energy grid late last year, and dramatically reduced reliance on coal-fired power. Key points: ​​​​​Power supplied by large-scale renewables and rooftop solar soared in the last three months of 2023 The influence of renewables on the grid will only grow Renewables are more regularly pushing the …

Explained | Why is Australia facing an electricity crisis despite being a top exporter of coal and gas?
2 years, 9 months ago

Explained | Why is Australia facing an electricity crisis despite being a top exporter of coal and gas?

The Hindu  

The story so far: On Thursday, June 16, Chris Bowen, the Energy Minister of Australia — the world’s biggest exporter of coal and Liquified Natural Gas — asked the residents of its most populous state New South Wales, to conserve power as much as possible during the peak demand hours of 6 pm to 8 pm to prevent blackouts. This …

Australia's energy ministers have an 11-point plan. Here's why it won't ease prices any time soon
2 years, 9 months ago

Australia's energy ministers have an 11-point plan. Here's why it won't ease prices any time soon

ABC  

Australia's surging power prices have been hit by the "perfect storm", and that's being felt in households around the country. But an 11-point plan from Australia's energy ministers released after meeting on Wednesday isn't going to ease prices any time soon, with federal Energy Minister Chris Bowen saying there's no "silver bullet". A cold snap, rising fuel prices thanks to …

Australian power prices now 'among lowest in the world' as renewable energy drives costs down
3 years, 2 months ago

Australian power prices now 'among lowest in the world' as renewable energy drives costs down

ABC  

A flood of renewable energy has helped drive down household power prices to their lowest levels in almost a decade, according to a report which suggests Australia has some of the cheapest electricity in the world. Key points: Australia ranked 10th lowest among advanced economies for the average price of electricity Industry analysis finds power prices are their lowest in …

Solar panels, cooler summer drive power prices into negative territory in South Australia
3 years, 11 months ago

Solar panels, cooler summer drive power prices into negative territory in South Australia

ABC  

South Australia's high uptake of renewables has led to another national energy milestone, with record low daytime wholesale prices in the first three months of the year. Key points: Daytime wholesale prices were consistently in negative territory in SA That was driven by renewable energy, but gas generators were needed to help stabilise the grid Wholesale prices across the country …

Australia on track to meet Paris Agreement targets five years earlier than expected, research finds
6 years, 1 month ago

Australia on track to meet Paris Agreement targets five years earlier than expected, research finds

ABC  

Australia is on track to meet its Paris climate commitments five years earlier than expected — in 2025 — according to new research from the Australian National University. "The electricity sector is on track to deliver Australia's entire Paris emissions reduction targets five years early, in 2025, without the need for any creative accounting," lead researcher Professor Andrew Blakers said. …

Energy 'confusion-opoly' blamed for consumers paying too much for electricity
6 years, 4 months ago

Energy 'confusion-opoly' blamed for consumers paying too much for electricity

ABC  

Energy prices have become so confusing that at least 1 million Australian households are languishing on uncompetitive deals. Key points: On average, electricity prices have increased by 75 per cent since 2009, according to Vinnies Victoria, SA have seen biggest rises Analysis finds many households could be saving between $500 to $1,000 if they negotiate a better deal That's according …

South Australia's clean energy ranking slips according to Climate Council scorecard
6 years, 5 months ago

South Australia's clean energy ranking slips according to Climate Council scorecard

ABC  

After years of claiming to be the nation's renewable energy leader, South Australia is now sharing the title with Tasmania and the ACT, according to a new scorecard issued by the Climate Council. Key points: Tasmania has the highest percentage of renewable energy The ACT's reverse auction process is driving investment in projects across Australia South Australia dropped its renewable …

Curious Adelaide: Why does SA have the nation's highest electricity prices?
7 years, 4 months ago

Curious Adelaide: Why does SA have the nation's highest electricity prices?

ABC  

Many of us feel powerless looking at our power bills. A strong reliance on wind power has made South Australia's energy market particularly volatile. Supply and demand For some deeper understanding of what's happening in the South Australian electricity market, Curious Adelaide and our questioner Jamie met with electricity expert Reza Evans. "Probably the main one in South Australia has …

Energy Market Operator issues mixed blackout forecast for SA, Victoria during summer
7 years, 6 months ago

Energy Market Operator issues mixed blackout forecast for SA, Victoria during summer

ABC  

The Australian Energy Market Operator says the South Australian Government's energy plan will help alleviate the risk of unplanned blackouts this summer, but is warning the risk of such blackouts is significantly higher across the border in Victoria. Without the SA Energy Plan and the operator's own emergency measures, AEMO estimates the likelihood of blackouts in South Australia this summer …

South Australia power prices to rise to highest in the world on Saturday, energy expert warns
7 years, 9 months ago

South Australia power prices to rise to highest in the world on Saturday, energy expert warns

ABC  

South Australia will overtake Denmark as having the world's most expensive electricity when the country's major energy retailers jack up their prices this Saturday. Bruce Mountain, the head of a private energy consultancy firm, said the increases would see South Australia take the lead on world power prices — but for all the wrong reasons. "After taxes, the household in …

SA turns its back on the national energy market
8 years ago

SA turns its back on the national energy market

ABC  

LEIGH SALES, PRESNTER: South Australia is turning its back on the national energy market after months of blackouts and record price spikes. ALEX MANN: Since a storm toppled transmission lines last September, the fragility of South Australia's power supply has been at the forefront of the national energy debate. And South Australia says it's at the mercy of a commercial …

South Australia's power woes expose deeper problems with nation's energy security
8 years ago

South Australia's power woes expose deeper problems with nation's energy security

ABC  

Australia is rapidly stumbling into a major energy crisis, and there's little evidence to suggest the federal and state governments can agree on the solutions to fix it. In short, the sudden and unexpected closure of ageing coal plants at Hazelwood in Victoria this month and Port Augusta in South Australia last year are putting enormous pressure on power supply. …

South Australian companies make bid to form bargaining group for electricity contracts
8 years, 1 month ago

South Australian companies make bid to form bargaining group for electricity contracts

ABC  

A group of South Australia's biggest electricity users are hoping to be allowed to band together in a bid to negotiate favourable long-term electricity contracts. The "buying group" includes Whyalla steelworks owner Arrium, Hillgrove Resources, Rex Minerals, Seeley, SMR Automotive, Thomas Foods and Central Irrigation Trust, which collectively use about 10 per cent of the state's electricity consumption. Power price …

Solar power growth modelling flawed, energy tariffs could soar: UWA study
8 years, 1 month ago

Solar power growth modelling flawed, energy tariffs could soar: UWA study

ABC  

West Australian consumers could face huge power price hikes in the coming years unless the State Government starts to factor in the exponential growth of renewable energy, a new study has found. Report author Bill Grace from the University of Western Australia said the nation's energy regulator — the Australian Energy Market Operator — had greatly underestimated the future uptake …

South Australia's enormous July power price spike sounds national electricity alarm: Grattan Institute
8 years, 6 months ago

South Australia's enormous July power price spike sounds national electricity alarm: Grattan Institute

ABC  

An extraordinary spike in South Australia's wholesale electricity price in July sounded an alarm across the five states that share the National Electricity Market, new data shows. His report said the July event was a "canary in the coalmine, warning of the risks in Australia's power future". "There is also a national electricity productivity plan which boosts productivity and efficiency …

SA irrigators plead for power bill relief to stay competitive
8 years, 6 months ago

SA irrigators plead for power bill relief to stay competitive

ABC  

Riverland growers could become uncompetitive against interstate and overseas food producers, if a solution to South Australia's soaring power prices is not offered soon. "For the orchard we're standing in — in Victoria — the cost is about $750 to $800 per hectare to lift water, but in South Australia, for the same amount of water being pumped, we're looking …

Alleged price gouging in electricity market cost South Australia $42 million, report says
8 years, 7 months ago

Alleged price gouging in electricity market cost South Australia $42 million, report says

ABC  

Huge amounts of energy were withheld from the South Australian market during a power price spike in July, a new report says. The report was commissioned by activist group Get Up and claimed about a third of the state's power capacity was withheld while only a small amount was released at very high prices. Researcher Bruce Mountain said there was …

Big electricity retailers marking up costs by $650 a year in South Australia, GetUp says
8 years, 7 months ago

Big electricity retailers marking up costs by $650 a year in South Australia, GetUp says

ABC  

Activist group GetUp has accused electricity retailers of adding big margins and mark-ups to South Australian power bills. GetUp said AGL, Origin Energy and Energy Australia were charging South Australians a mark up of $650 each year, about twice what customers were paying for the actual generation of the electricity. Retailers blame rising wholesale costs AGL, Origin Energy and Energy …

Peak demand electricity price fluctuations hit South Australian businesses
8 years, 8 months ago

Peak demand electricity price fluctuations hit South Australian businesses

ABC  

A private power station in Adelaide has been asked to boost its output because some of South Australia's biggest businesses have been struggling to cope with a huge jump in their electricity prices at times of peak demand. The Government said a planned outage of the Heywood power interconnector with Victoria, higher gas prices and severe cold weather were to …

SA Government calls on commission to investigate if electricity price rises
8 years, 9 months ago

SA Government calls on commission to investigate if electricity price rises

ABC  

AGL, Origin Energy, and Energy Australia could be investigated to see if reasons given for a spike in South Australian electricity prices rise can be justified, the State Government says. "These electricity price increases from AGL, Origin, and Energy Australia add significantly to cost of living pressures on affected customers," Mr Koutsantonis said. "In light of the community concern over …

Energy Australia announces electricity price hike for South Australian customers
8 years, 9 months ago

Energy Australia announces electricity price hike for South Australian customers

ABC  

A third electricity provider within a week has announced it is increasing its charges for South Australian customers. Key points: Three energy companies announce price increases of between $117 and $260 a year Welfare agencies concerned as families struggle to pay bills Treasurer Tom Koutsantonis says people need to shop around for an energy provider Energy Australia has followed in …

Origin Energy announces 6.5 per cent price hike for SA customers, blames coal, gas supply issues
8 years, 9 months ago

Origin Energy announces 6.5 per cent price hike for SA customers, blames coal, gas supply issues

ABC  

Power company Origin Energy has followed in AGL's footsteps, announcing it will increase its electricity and gas charges for South Australian customers from July 1. Yesterday AGL revealed its prices would rise by about 10 per cent for South Australian customers, working out to be about $230 extra per year. "Changes to the electricity generation mix in South Australia has …

Australia leads world in household solar panel installations
9 years, 6 months ago

Australia leads world in household solar panel installations

ABC  

Australia has the highest rate of household solar panel installation in the world, according to a new report from the Energy Supply Association of Australia. "The country that's nearest to us is Belgium with about 7 per cent and most other countries are in low single digits, so we're kind of pioneering the experiment of rooftop solar and the world …

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