Enron Rides Again: Wind Power Chaos Enables Rampant Price Gouging by Conventional Generators

South Australia’s ludicrous attempt to run on sunshine and breezes has rendered it an international laughing stock.  Daily, routine, total and totally unpredictable collapses in wind power output result in price gouging efforts that see the spot price for power rocket from around $70 per MWh to $2,000 to $4,000 per MWh, in a matter … Continue reading Enron Rides Again: Wind Power Chaos Enables Rampant Price Gouging by Conventional Generators