Why are Tasmanian electricity prices spiking to over $2,000 per MWhr?

Why are Tasmanian electricity prices spiking to over $2,000 per MWhr?

via Errors in IPCC climate science
http://ift.tt/1F9oSq3

Tasmanian electricity is supplied by their Govt owned mostly hydro and lesser wind & gas fired generation.
Why is that Tasmanian wholesale AEMO prices spike to over $2000 per MW hour twice in recent days?
There is only one supplier – Hydro-Electric Corporation owned by the Tasmanian Goverment. Nemwatch for current generation and AEMO for prices and demand charts and AEMO NEM dispatch overview. Obviously Hydro Tasmania is in a dry spell and in order to conserve water levels will buy Victorian power through BassLink when prices suit them – see the AEMO NEM dispatch overview for interstate flows in real time.

via Errors in IPCC climate science http://ift.tt/1F9oSq3

June 15, 2017 at 10:02PM

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