Electricity and gas prices booming in summer

My chart shows the damage caused to electricity wholesale prices by a few days of normal summer peak heat – which luckily were mainly on weekends and holidays.

I notice that Sydney gas prices right now at 9.5 are way over December at 7.4 and I trust the PM is speaking to gas company bosses. Vic gas market maybe never got the Turnbull phone call. I also notice that Vic coal generation is running at max ~4,400 to 4,600MW 24/7 these days. Machinery eventually breaks down. I see there were 50,000 homes blacked out across Vic yesterday and Vic Labor pollies are trying to say supply was not the problem. It seems obvious that with supply strained near the limit this would require more fiddle-faddling and jiggery pokery by grid authorities than if they had Hazelwood on line say and could have been ~1,500MW more relaxed about meeting the demand. They were assisted too by wind in SA picking up at peak demand time in Adelaide. AEMO electricity and NemWatch for a generation snapshot