The nation’s energy market operator has warned that Australia “does not have the energy reserves it once had” to lean on in times of need as the power market undergoes an "unprecedented transformation”
The comment by Australian Energy Market Operator follows NSW losing 3800 megawatts of generation capacity last week, nearly a third of its 12,000MW installed coal generation capacity, raising the threat of blackouts.
The outages put the network at full capacity, with peak demand in the state outstripping supply and sparking a surge in spot prices.
This was a “sobering reminder that even outside of the traditional summer peak periods, there is still a need to ensure adequate resources are available to manage the system,” AEMO said on Sunday.We know that :
Tomago had to shut down one of its three aluminium potlines for 45 minutes on Tuesday evening and two others for an hour each on Thursday to avoid exposure to energy prices that peaked at $14,200 a megawatt hour on Thursday, according to AEMO.It is noted that AGL, the company that bought Liddell (coal-fired) Power Station for notional price of $1,
previously held an agreement to switch off power to Tomago — the biggest single consumer of electricity in the state.Speaking to The Australian, Tomago CEO Matt Howell said:
the production outages at Tomago highlighted the need for sufficient and reliable baseload power in Australia.
“I guess what it does illustrate is how precarious the system is when you start to rely more on weather-dependent renewables rather than conventional thermal baseload,” he said. “Renewables are not enough for energy-intensive industries like aluminium and steel.”The Australian notes:
Politicians of all persuasions have created this pathetic outcome on the pretext of CO2 over abundance and the religious verve of 'Global Warming' - the greatest scam since 1901!
We now have insufficient electricity for our industries and businesses as well as for domestic dwellings, this, on top of a Federal Government charter covenant breach where Australia is 'required' to have fuel stock minimum reserves of 90 days - we have less than 41 days - why?
Voters should seriously consider suing Federal and State Ministers personally based on dereliction of duty to the Australian people and a breach of sworn oaths to Queen and country!!!!!