Fossil fuels are unreliable backstops in the energy transition
From The Saturday Paper, 1 June 2024: Tuesday, May 7, was an ordinary, moderate autumn day in New South Wales; nothing to suggest a risk of excessive electricity use, price spikes or blackouts. Between 5.15pm and 5.20pm, however, the wholesale spot price of electricity skyrocketed from about $450 per megawatt-hour – typical for that time … Continue reading Fossil fuels are unreliable backstops in the energy transition