Energy Squeeze for SA & VIC

Electricity prices in South Australia will rise nearly 7% from January 1 according to this report from ABC.

The drought has reduced hydro generation and is impacting power stations that use rivers / fresh water for their cooling.

In Victoria, prices could increase by up to 17.6% as the more expensive gas plants are fired up to cover losses in hydro generation.

This can't be good for emissions reduction efforts. Gas is better than coal, but far worse than hydro or - dare I say it - nuclear.