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Canberra Today 7°/9° | Sunday, August 14, 2022 | Digital Edition | Crossword & Sudoku

Letters / ‘Incompetent’ government drives up energy prices

In a quiet week for letters, reader RON EDGECOMBE pulls no punches in his dismay at ACT power prices. 

THE sheer incompetence of the Barr/Rattenberry government has been shown once again in relation to the latest report from the Australian Energy Market Operator (AEMO). 

AEMO’s “Price Trends” report forecasts that electricity prices in all Australian jurisdictions, except the ACT, will substantially decrease over the next three years.  

In the ACT, by contrast, prices are forecast to increase further over this period. This is on the back of the minimum 11 per cent increase that ACTEW imposed on its customers from July 1, when AEMO had previously forecast that prices in all jurisdictions would also fall in this period. Other jurisdictions saw these price decreases.

The forecast price falls are being driven by the increasing use of renewables, wind and solar energy, backed up by battery storage capabilities and this in itself is laudable.  

However, the ACT government, in its rush to become the first jurisdiction to achieve 100 per cent renewable electricity outcomes, happily signed off on a woefully flawed contract with its SA energy supplier.  

The net effect of this flawed contract in terms of the current electricity market environment actually requires the ACT to pay more for its electricity supply than less. Under this contract, price increases will clearly be the norm well into the future.

The ACT Chief Minister and Treasurer are the two shareholders of ACTEW, which is also required to pay an annual dividend to the government. 

One might not be so presumptuous as to suggest that there may, therefore, be vested interests in ensuring that ACT electricity prices continue to increase. Perhaps Shane Rattenberry whom is not an avid reader of “CityNews”, might consider a response to the claims in this letter.

Ron Edgecombe, Evatt

Pubs would be miserably quiet

FAIR go, John Noble (Letters, November 18) if we stuck to speculating on topics that we have expertise in, there would be no letters to the editor and all the pubs would be miserably quiet.

Aircraft stay in the sky and weather patterns aren’t always bad so, no one questions the pilot, but the UN and the IPCC have a problem in getting the desired action on emissions.

Do I think we should act on reducing emissions? Yes! As for refraining from asking questions? No way! 

We live in a specialised society rife with individualism and with what one author identified as the plight of the individual.

The document put out by IPCC (AR6 WG1, FAQ 9.3) is entitled “Will the Gulf Stream shut down?”. The answer states that it is expected to slow in the long term in which case more heat will be carried by the atmosphere. Once heat energy gets into the atmosphere it radiates into space. Seems like a large-scale cooling effect to me.

John L Smith, Farrer

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