Errr…cheaper power is a good thing

Some genuinely whacko stuff today from the AFR:

Soaring solar generation has meant that renewables provided 30 per cent of Australia’s midday power supply most days last month, depressing wholesale power prices and piling pressure on coal-fired generators unable to ramp down their operations,

…The new figures to be released on Wednesday by respected analysis firm Green Energy Markets found that total solar power generation doubled in June compared with two years previously. Power production from solar was large enough to drive renewable energy’s share of the market up above 30 per cent in the middle of the day for 20 of the 30 days in June, for the first time ever in winter.

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