The real reason our power companies block battery systems
If you're wondering why battery storage is still on the fringe of the energy debate in Australia, and why power prices are high, just ask Dr Tony Marxsen, the head of the Australian Energy Market Operator (AEMO).
He made it plain earlier this week the big power companies have invested hundreds of millions of dollars on quick start power stations, so-called "gas peakers" and they aren't going to be giving up their sway over the market any time soon: they want to make sure they get a return on their money.
Monday, April 24, 2017
Subscribe to weekly updates
- Victoria’s first big battery charges up on state grid
- Scott Morrison 'future proofs' power plans against Labor as Victoria backs renewables
- Coalition vows to 'take control of energy costs' with new power plant
- Snowy Hydro says multibillion-dollar energy project doesn't need cost-benefit test
- It’s the vibe: power giants’ Castle call against divestment
- Batteries, hydro, hydrogen: What are Australia’s best options for renewable storage?
- Investments pays off for Clean Energy Finance Corporation
- Inflated east coast gas prices lifts Origin Energy
- Shorten promises tough emissions targets, but no cap-and-trade
- 'Late out of the blocks': NSW lags Victoria, other states in renewables