- Jun 10, 2009
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You South Aussies got really, really, really deep pockets over there Elite Crow ???http://www.theaustralian.com.au/nat...n/news-story/9083700ceb88fe18480c1e289c1654f3
Wow what a surprise, the move away to renewable energy has led to higher prices. How did they not expect this and now he's crying? It's your own stupid green agenda that led to this you ******.
Don Quixote had his windmills.....Jay Weatherill and Labor has it's wind turbines and solar panels...
Good idea to decommission the Pt. Augusta Power Station??
http://www.adelaidenow.com.au/news/...k=8ed20c0c7286f4a4e9a5b143d1c5ef65-1468682424
SA faces years of power prices double other states
Daniel Wills, Cameron England, The Advertiser
July 14, 2016
SOUTH Australia is facing wholesale electricity prices that are roughly double that of other states for more than two years, prompting grave warnings the burden will spark new job losses and lead to thousands of homes being disconnected.
The Advertiser yesterday revealed Treasurer Tom Koutsantonis had been forced to ask the privately-owned gas-fired Pelican Point power station to increase output, in a bid to avoid temporary shutdowns at the state’s biggest businesses as they battled skyrocketing power prices.
Three SA manufacturing powerhouses have now spoken out about the immediate dangers posed by expensive electricity, including the administrators readying the Whyalla steelworks for possible sale.
The Australian Industry Group on Thursday night also declared it was “genuinely concerned about the impact of high power prices on the competitive position” of SA’s traditional manufacturing.
A spokesman from Arrium administrator KordaMentha said the company “absolutely” considered scaling back or temporarily shutting down its operations in the past week, and SA needed a new long-term energy strategy to avoid becoming “an unattractive place to operate”.
BHP Billiton has now also warned that high costs and unreliable power are a “significant concern” for the company and the “sustainability” of its Olympic Dam mine, which had been spruiked for a $50 billion expansion that was to underwrite the state’s economic future.
Adelaide Brighton Cement — one of the handful of high-energy manufacturers remaining in SA — says access to cheap and reliable power was “essential” to its future.
Australian Energy Regulator figures show the cost of wholesale power in SA will remain higher than all other states in the market for the foreseeable future, and about double that in Victoria.
Wholesale energy costs are the prices charged by power stations.
They add up to about half the standard business or households bill, which also includes costs for building poles and wires.
SA currently pays $70 per megawatt hour for its wholesale power, and the AER forecasts that charge will rise to peak of $94 by mid 2018, when the price in Victoria will be just $41.
Despite Mr Koutsantonis’ assurances that the incident was a one-off caused in part by recent storms, business groups and the social services sector have warned of more pain to come.
Analysts have blamed SA’s world-leading levels of wind and solar power for forcing the closure of baseload fossil fuel plants like that at Port Augusta, and leaving the state exposed to price shocks and unreliable supply at times when the wind isn’t blowing or sun isn’t shining.