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Coal plant threat may risk Texas moment for NEM

Coal plant threat may risk ‘Texas moment’ for NEM Mar 4, 2021 – 3.19pm Save Share The extreme electricity prices and wide-scale blackouts triggered by last month’s deadly freeze in Texas are expected to prompt a re-examination of the risks of extreme weather on Australia’s power grid, which is already under huge pressure due to the rapid rise of renewables. Several days of wholesale prices at the maximum of about $US9000 per megawatt-hour – mostly under mandate from the Public Utility Commission of Texas – claimed Macquarie-backed upstart retailer Griddy as an early victim last Friday, followed by co-operative electricity generator Brazos Electric Power on Monday.

Australia shifts emissions baseline again, as Covid-carbon rebound begins

2 March 2021 Despite 2020 being a record year for renewable energy output in Australia, total emissions have begun a steady increase again as the impacts of a fossil-heavy COVID19 recovery begins to hit the emissions data. A new release from the government’s Department of Industry, Science, Energy and Resources (DISER) shows that emissions have begun their inevitable climb as the country’s economy begins to recover from the impacts of the Covid19 lockdowns of 2020. RenewEconomy’s Michael Mazengarb wrote earlier that: “Australia’s greenhouse gas emissions stood at 510.1 million tonnes for the year to September 2020, down 23.3 million tonnes from the period 12 months prior.

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