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The Forum > General Discussion > Is Ideology making South Australia a failed state?

Is Ideology making South Australia a failed state?

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Aidan,

On some models, including the Statesman, the rere mudguards are held in place by two spring clips at the sides, on rough roads (as are found in Australia) these can let go, the guard is then held only by the plastic rere 'bumper' which as the guard hits the road, twists and cracks.
The guard itself isn't in real good condition either!!

Then there is the headlining in Commodores etc, which eventually comes loose because the glue has given up the ghost and the lining starts to sag.
There are people who specialize in replacing Holden head linings.
Posted by Is Mise, Thursday, 26 January 2017 9:51:05 AM
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Shadow,
"Statistically, it would be impossible for one player to benefit from withholding generation, as the cream is on the top"
If you think something's statistically impossible, post a statistical explanation rather than a metaphor which proves nothing.

Statistically there's much more to gain from holding out for a better price than there is to lose from passing up a marginally profitable opportunity.
Posted by Aidan, Friday, 27 January 2017 11:36:03 PM
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Killarney,

http://www.thegatewaypundit.com/2017/01/organizer-dc-womens-march-trump-pictured-flashing-isis-sign/

Organizer For DC Women’s March, Linda Sarsour Is Pro Sharia Law with Ties To Hamas... And as we all know Sharia law is all about women's rights.

These fruit cakes were handing out US flags to be worn as Hijabs.

Admittedly these idiots were a tiny minority, but were considered better than Trump.
Posted by Shadow Minister, Saturday, 28 January 2017 4:40:46 AM
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Aidan,

As the supply of power is bid in 5 or 10min supply chunks by all competitors (with graded pricing), holding out just means that your competitor gets the power at a slightly higher price and you lose out. It is impossible to rig the system without collusion, which can spotted a mile out.

Read this and tell me how one supplier can rig the market:

http://www.abc.net.au/mediawatch/transcripts/1234_aemo2.pdf

Every supplier is free to bid or hold out, and to determine their own prices. The system they all use is based on models determined to get the maximum revenue and is based on their costs. I look forward to your theory showing how holding out benefits a bidder.

Remember the fixed costs in running a plant are huge, and holding out not only misses out on the profit, but on covering the fixed costs.
Posted by Shadow Minister, Saturday, 28 January 2017 5:09:24 AM
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Shadow,

It may be impossible to RIG the system without collusion, but it's easy to GAME the system, which often has a similar result.

Holding out sacrifices a the certainty of a small profit for a chance of a much bigger profit. Since there's much more to gain than there is to lose, all fossil fuelled generators are likely to use this strategy. Whether or not there are fixed costs, makes no difference; it's the most lucrative strategy.

Regarding nuclear power, average prices are only applicable for average conditions. What's important is the best technology for specific conditions, not the average.
Posted by Aidan, Sunday, 29 January 2017 8:45:12 PM
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I see one of the generators had a big payment due to buy CO2 credits
from some place but as the penalty for not buying them was less, they
just waited for the penalty.

This really upset the greenie bureaucrats.
It is about time the whole electricity system was reorganised.
When major generators go out of business because intermittent
generators get priority access. The renewables should only get access
if they can guarantee delivery.

As it stands at the moment any very hot days after 31st March
WILL mean widespread loadshedding in Victoria, NSW & Sth Aus.
In practise barring accidents that means next December or January.
It is just year 1 and 2 maths. If you can do addition & subtraction
you can see that it is inevitable.

I suggest a course in primary school arithmetic for politicians.
Posted by Bazz, Monday, 30 January 2017 8:33:53 AM
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