The Forum > Article Comments > Leap of faith on the National Electricity Market required > Comments
Leap of faith on the National Electricity Market required : Comments
By Mark Christensen, published 20/2/2017While the chaos has political meddling written all over it, its roots are actually technical. That is, the NEM was not designed to be a vehicle for appeasing our environmental conscience.
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In theory if the price is right the market should balance. Why didn't we have these problems 20 years ago? The key difference is that certain generators get subsidies ($85/Mwh) and guaranteed market share (11% in 2017 I believe) forcing other generators to accept bridesmaid status. Take that away and the problems may largely go away. If you believe as I do we must reduce emissions then the correct policy should be based on that, not playing technology favourites.