A recent article published by our CEO, Paul McArdle about the state of Tasmania’s electricity supply was quoted by journalist Ben Potter in yesterday’s edition of the Australian Financial Review. Ben Potter sought quotes from a number of experts in the industry to clarify what cost the current Tasmanian energy crisis may result in:
“Whatever the number, it’s big” said Paul McArdle, managing director of energy consultancy Global-Roam, in a blog post last month. Mr McArdle estimated the crisis would add about $216 milliion to Tasmania’s energy costs over the March quarter.
The estimate is based on average prices of about $!50MWh – about $100 above pre-crisis prices – and average consumption of 1000MW over the quarter.