It’s amazing how the grid works, and the market works, and how the two often conflict. Right now 800MW is flowing from Vic to SA. Which suggests SA desperately needs more power. But right now, in SA, prices are negative. Which suggests exactly the opposite. And in Victoria

This is serious. Cost of federal debt tracks interest rate expectations, hence inflation. You can’t get much more directly inflationary than a giant plan to produce the same thing (electricity) at much higher overall prices. Which is our government’s electricity plan.

Hang on… AEMO just said this coal plant will close in 8 years, according to the draft ISP. Who should we believe? The market operator? Or the people paying billions to acquire the asset, who say it’s important for quite a while?

This is insane. John Grimes of SmartEnergyCouncil must be the most successful lobbyist in history. Having crafted a scheme that blew its $2.3bn budget - meant to last at least 4 years in under 1, he locks in another $5bn on top. And delays changes to slow the blow-out for

Ok… so even with over a billion in annual subsidies, battery EV sales seem to have levelled out at just under 10% of new car sales in Aus. Similar in the US. The draft ISP from AEMO has dropped their EV share assumption for 2050 from 97% to 80%. It was 99% in 2022.

Any OS intel types want to comment on whether grok’s weapons identification is right for the Bondi shootings? x.com/i/grok/share/q…

I’m afraid this is not a great look for NSW Police Force. I hate to be critical so soon, especially since it’s possible some have made the ultimate sacrifice. But some equipment and training for active shooters is clearly lacking. The guy with the rifle is essentially unmolestered as