Eutility's weekly news

Mike Fitzpatrick’s Carnegie wants to build Australia’s biggest battery in Adelaide’s north

Mike Fitzpatrick’s Carnegie wants to build Australia’s biggest battery in Adelaide’s north

AN 11th hour solution to keep Victoria’s Hazelwood power station operating past next week’s scheduled closure should be considered by state and federal governments, the Ai Group says.

Ai Group chief executive Innes Willox has warned that further energy price increases and supply disruptions could be on the cards if Hazelwood is simply allowed to close.

While the generator is in Victoria, South Australia often relies on coal fired electricity coming across the border to shore up our energy supplies.

“Hazelwood is a major source of supply in the National Electricity Market,’’ Mr Willox said.

“The tightening of electricity supply and demand, which has increased the significance of natural gas-fired electricity generation even as gas prices soar, has seen the electricity futures price double across most of the market over the past year.

“The price rises are putting all energy users, especially trade exposed manufacturers, under mounting pressure, and the Hazelwood closure is clearly a part of this.

The Advertiser

Post a comment

Captcha Image