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The electricity market’s not doing a great job – here’s how to improve it

Alex Fattal and Nicky Ison write in The Conversation (2.8.16) about the shortcomings of Australia's wholesale electricity market, and argue for a well-planned transition to a more technologically-reliable, renewable energy-reliant electricity sector.

'The past three weeks have seen considerable discussion of Australia’s wholesale electricity market, driven largely by severe price spikes in South Australia. Hugh Saddler, writing last week on The Conversation, and the Climate Council, in a report released yesterday, have each done a good job of busting the myth that this is all because of SA’s relatively large share of wind energy.

'After outlining the growing lack of competitiveness in the SA electricity sector, Saddler called for "a fundamental rethink" of the National Electricity Market (NEM). What would this involve?'

 

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