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.
Zeihan on small modular reactors, part 2
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I’m really sorry for how long it has taken me to get to the second part of
a response to Peter Zeihan’s brief video about small modular reactors. The
video...
3 days ago
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