Continuing our focus on Australia’s “wind power capital”, South Australia and its self-inflicted energy disaster, here is another story outlining the debacle, this time from The Advertiser.
BHP’s SA power bill hit $2.5m – on a single day
The Advertiser
Luke Griffiths
16 July 2016
THE power bill of the state’s largest private employer recently topped $2.5 million on one day – more than 10 times that paid a week earlier.
Analysis undertaken by The Advertiser found that last Thursday, BHP’s operations in SA consumed an estimated $2.57 million of power for its 120MW/h requirements. The previous week its daily cost was $250,400.
Evidence of the incredible market volatility comes as figures from the Australian Energy Market Operator show that in the first calendar month since Alinta switched off its 544MW Northern power station in Port Augusta, the average peak price in SA was $160.45MW/h – 158 per cent above…
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