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Solar panels, cooler summer drive power prices into negative territory in South Australia – ABC News

South Australia’s high uptake of renewables led to record low daytime wholesale prices in the first three months of the year, according to the nation’s energy market…

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South Australia’s high uptake of renewables has led to another national energy milestone, with record low daytime wholesale prices in the first three months of the year.

  • Daytime wholesale prices were consistently in negative territory in SA
  • That was driven by renewable energy, but gas generators were needed to help stabilise the grid
  • Wholesale prices across the country dropped in the March quarter

The Australian Energy Market Operator (AEMO) has released its latest quarterly report, which also found…

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