Choosing Poorly: South Australia Pays for Renewables PC

South Australia, is now paying a heavy price for its political correctness on renewables as electricity prices skyrocket while natural gas goes undeveloped.

As of July 1, 2017, electricity prices in the state of South Australia are the highest in the world, exceeding Denmark’s due to price increases of between 15.3 and 19.9 percent by its three major electric utilities. In nearby New South Wales the problem is not much better, with more than 60,000 households at risk of having their power cut off because they cannot afford the bills.

Further, South Australia is faced with the possibility of brownouts and blackouts due to the intermittency of wind power. During a power outage last September, electricity prices rose to 200 cents per kilowatt-hour—about 20 times higher than the average U.S. electricity price. The blackout, which impacted 1.7 million people, started when a wind farm suddenly stopped providing 200 megawatts of power and destabilized the grid. Despite the blackout and high prices, South Australia plans to invest another $100 million in renewable energy.

Read more:

http://naturalgasnow.org/choosing-poorly-south-australia-pays-renewables-pc/

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