According to recent media coverage, Australia is facing an escalating risk of power shortages. Some commentators are blaming the transition to clean energy, saying we’re switching off coal-powered plants without a reliable alternative to fill the gap in generation.
Last week the Australian Energy Market Commission’s Reliability Panel and the Australian Energy Market Operator both released new reports predicting supply may not meet demand under the current market settings. Of course this all follows the recent – and some say, continuing – energy crisis.
Craig Memery, PIAC’s Senior Energy Advisor, explains whether the news is really as bad as it looks on 2SER Breakfast.