https://aemo.com.au/en/energy-systems/electricity/national-e...
and historically aggregated: https://www.aer.gov.au/wholesale-markets/wholesale-statistic...
https://fred.stlouisfed.org/series/PNRGINDEXM
Energy independence in the form of renewables is now more advantageous than ever. Tethering your economy to global price hikes like this is a vulnerable position to be in.
Also renewables were supposed to decrease the exposure to such global price fluctuations, or at least act as a backstop for the marginal kWh.
Apparently the backstop is still much higher. And batteries do not generate energy.
They are based on the (Australian) national energy market (NEM) which sets price based on supply and demand across South Eastern Australia (WA and NT aren't in the NEM)
The government response has been to pressure gas producers to reserve more for the domestic market.
https://opennem.org.au/energy/sa1/?range=1y&interval=1M
SA imports about ~10% of its power and exports about ~5% at the moment (YTD) and price is cheaper than NSW and QLD
That sounds like Austria. They really dislikes nuclear power, and are suing all their neighbors for it. But when they have power deficit, they are happily importing power from Czechia or Hungary, where Czechia is having 2 NPPs at the southern border with Austria. Austrians obviously have no issues where the imported power is coming from...
For example as I type this Queensland is generating about 4300MW of solar, SA is generating about 1300MW of solar, but SA gets all the plaudits for being green.
Over the past 24hrs SA was 83% renewable (solar+wind), 16% gas.
In that same 24hrs QLD was 79% black coal, 12% renewables.
Plaudits seem deserved.
https://aemo.com.au/energy-systems/electricity/national-elec...
Meanwhile Qld, Vic and NSW each produced more than triple the renewable power SA did today.
OpenNEM puts it at 12% imported and states 67.9% from renewables.
Why would SA want to produce multiple times their requirements in renewable energy? Today during the sunny period more than 100% was fulfilled by solar.
The biggest problem is that SA is pretty flat[3] and doesn't have good sites for dams. They have a grand total of 3MW of hydroelectric capacity, which means they rely on Victoria (and soon NSW) for renewable energy when peak demand exceeds wind/solar generation, as well as their own gas generators and Victoria's coal plants. The big battery can respond faster than the interstate interconnects (which are far away) and the gas generators (which are expensive to run and only turn on when spot prices are high), which lets it fill the same role a big flywheel would in a coal/nuclear plant.
[0] https://hornsdalepowerreserve.com.au/
[1] https://www.aer.gov.au/wholesale-markets/wholesale-statistic...
[2] See https://en.wikipedia.org/wiki/File:Electricity_generation_SA..., which is a year-by-year collection of the data from https://www.energy.gov.au/data/australian-electricity-genera...
[3] https://en-au.topographic-map.com/map-wwnx/South-Australia/?...