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- #651
I would like to know why the States needs firming electricity generation such as nuclear, hydrogen or gas with CCS and Australia doesn’t seem to see a need. I know the sun and wind on the east coast is probably as good as anywhere in the world, but I would feel better about Australia’s plans if they confronted a few hard questions.
The commentary is around the cost of generation (i.e cheaper).
Whether thats ignorance or wilful misrepresentation, Australians are waking up that spending on the grid reflects in our power bills, not only the cost of generation:
Wind lowers energy prices, but adds to volatility without firming
UTS study finds increase in wind power is lowering electricity prices, but also leading to higher price volatility.
reneweconomy.com.au
Wind lowers energy prices, but adds to volatility without firming
Michael Mazengarb 7 December 2020 6'New research has shown that the increasing adoption of wind power in Australia is contributing to lower overall energy prices, but that an increase in energy market volatility pointed to the need for more investment in firming infrastructure.'
'The researchers suggest that further investment in low-cost firming technologies, and expanding the capacity of interstate network connections, would help mitigate the volatility of electricity prices and reduce the risk for investors.'
You might ask why the firming cost is ignored. Clearly its known, just ignored.