Desperate race to fix gas turbine, but what about the gas?

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Our political system is now so short-sighted and media so stupid that we can generate panicked headlines like this:

Victoria’s largest gas power generator won’t be back online until the end of December, escalating concerns about a heightened risk of blackouts in the state this summer.

Origin Energy on Monday said the generator at its Mortlake Power Station – which has been out of action since July due to an explosion and which was scheduled to return by December 20 – would not be operational again until December 30.

The 10-day delay comes after the energy market operator warned the regular strains on the grid over summer would be exacerbated this year, with up to 1.3 million Victorian homes threatened with a higher risk of blackout, unless Origin’s Mortlake generator and another generator at AGL’s Loy Yang A power plant were repaired according to schedule.

“We’ve had crews working around the clock to return the damaged Mortlake Power Station generating unit to service,” said Greg Jarvis, Origin’s head of energy supply and operations.

OMG! 10 days late. Meanwhile, in five years, there’ll be no gas to put in the plantas the east cost gas cartel (thay includes Origin) sucks it all offshore:

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But that’s a’OK.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.