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Gas to blame for SA power price surge

Dec 06, 2018 - Australian Financial Review

The high cost of power generated from natural gas is the main culprit for South Australia's high wholesale power costs, not the expansion of wind and solar power or the closure of the Northern coal power station, a new report finds.

The report from the Victoria Centre for Energy Policy finds that the closure of the Northern power station in South Australia in 2016 and the closure of the Hazelwood power station in Victoria in March 2017 raised SA wholesale prices by $23 per megawatt hour in...