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Could that also be a side effect of the reduced economic activity due to covid measures ?
by thepangolino 5y ago
Could that also be a side effect of the reduced economic activity due to covid measures ?
- jeeeb 5y agoI doubt it. The Australian GDP is up on 2019 (although QE might be distorting the figures somewhat). This is more of a long term trend. Solar power generation has been increasing for years in Australia, and meanwhile large generators have been mothballing coal plants. The energy grid is shifting rapidly to a mixture of solar, wind, hydro and gas/batteries for load balancing.
- postingawayonhn 5y agoRight now the two most populous states (Victoria & New South Wales) have active COVID lockdowns.
- caf 5y agoGeneration across the NEM is on par with a year ago. It's more about a combination of long term factors (the slowly achanging generation mix) and short term ones (a slightly more windy than usual August pushing a bit more coal out of the market).