Retail electricity rates are a weird thing. laugh2 Kinda like gas prices, quick to rise, and slow to fall.

In South Australia, it looks like initially the price savings were offset by the increases in the natural gas costs after they opened an export terminal, and their NG prices went up a few hundred percent. Right now though, SA has among the lowest wholesale electricity prices in Australia, thanks to renewables.

But anyways, batteries are very good at what they can do, grid stabilization and time-shifting. Another huge one just started operation in California. For an hour this evening, (all) batteries in CA output 240MW (for the entire hour).

https://www.powermag.com/vistra-energizes-massive-1-2-gwh-battery-system-at-california-gas-plant/

Edit: retail prices have been trending down in Australia https://www.aemc.gov.au/sites/defau...ice%20Trends%20report%20-%2015122020.pdf

Last edited by hooziewhatsit; 03/10/21 02:34 AM.
If you ever find yourself in a fair fight, your tactics suck.