A cold windless night exposed the parlous state of our power generation.Hypothetically, there was around 11,000 watts of demand at $10,000 a megawatt hour for over 4 long hours which is a $450 million “price signal” (and that’s just NSW). In Victoria a similar spike consumed another $200 million*. The market — sick, injured and rigged, it seems, is beating us over the head. The average price for the whole 24 hour period in NSW, Victoria and South Australia was a red hot $2,000 per MWh.
More at
https://joannenova.com.au/2025/06/a-cold-windless-evening-shakes-600m-out-of-the-australian-electricity-grid/#comment-2856723
