The perfect storm : analysing the role of gas in South Australia's power prices / Andrew Stock and Petra Stock
- Bib ID:
- 10001721
- Format:
- Book
- Author:
- Stock, Andrew, author
- Online Access:
- National edeposit
- Related Online Resources:
- Access Conditions:
- National edeposit: Available online
- Description:
-
- [Surry Hills, N.S.W.] : Climate Council of Australia, [2016]
- ©2016
- 1 online resource (iii, 26 pages) : colour illustrations.
- File Characteristics:
- text file PDF 1.6MB
- ISBN:
- 9780995363908
- Technical Details:
- Mode of access : Available online.
- Summary:
-
"Interstate controlled power companies used the recent interconnector transmission line outage with Victoria to exploit their strong gas generation market positions in South Australia, driving up prices to extreme levels. Renewable energy was used as the scapegoat, but prime responsibility actually lies with profit maximization by the power companies. South Australia's gas generators earned around $178 million in net margin on the spot market during the July high price events. The media focus on renewable energy enabled the parties and reasons responsible for South Australia's recent high price events to avoid public scrutiny. There is considerable cause for regulators to review the recent events in South Australia. South Australia needs more competition from more energy supply sources to put downward pressure on power prices. Regulatory and governance structures of the National Energy Market (NEM) should be reviewed to ensure they are fit to manage the transformation to an energy future focused around renewables."--Publisher.
- Notes:
-
- Title from title screen.
- Includes bibliographical references.
- Subject:
-
- Electric utilities -- Rates -- Australia -- South Australia
- Electricity -- Prices -- Australia -- South Australia
- Electricity -- Prices -- South Australia
- Natural gas -- Prices -- Australia -- South Australia
- Natural gas -- Prices -- South Australia
- Earth Sciences, Geography, Environment, Planning
- Economics, Finance, Business & Management
- Genre/Form:
- Electronic books
- Other authors/contributors:
- Copyright:
-
In Copyright
You may copy under some circumstances, for example you may copy a portion for research or study. Order a copy through Copies Direct to the extent allowed under fair dealing. Contact us for further information about copying.
Copyright status was determined using the following information:
- Material type:
- Literary, dramatic or musical work
- Published status:
- Published
- Publication date:
- 2016
Copyright status may not be correct if data in the record is incomplete or inaccurate. Other access conditions may also apply. For more information please see: Copyright in library collections.
Similar items
- Mythbusting : electricity prices in South Australia / Andrew Stock, Petra Stock
- Powering a 21st century economy : secure, clean, affordable electricity / Andrew Stock and Petra Stock
- Morning trading summary / Sydney Stock Exchange
- Evening trading summary / Sydney Stock Exchange
- Official list quotations and sales / the Stock Exchange of Adelaide Limited