Generators sit stunned while demand falls
smh.com.au, 19 October 2012
Amidst the pandemonium of Federal, State, private and public investigations into electricity prices and the spirited efforts to wash hands of responsibility one thing remains unclear:
aggregate demand is disappearing
The amount of power Australians use has fallen from the lofty heights and now the forecasts offered by AEMO are looking misguided. Solar PV, energy efficiency, efficient appliances, consumer behaviour, a high AUD, high energy costs and others have all been offered as possibilities. But the unequivocal cause remains elusive.
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