"If high prices persist across the national electricity market you would expect that brown coal generators are in a strong position to generate for others and make good profits while doing so." "Brown coal is significantly lower cost than the black coal that is used to generate electricity in NSW and Queensland. "We're the only state that burns brown coal to make electricity," he said. Melbourne Energy Institute director Michael Brear said the fact that Victoria mined and processed brown coal set it apart from other states. ![]() We are the only state that burns brown coal We asked some experts what makes our state different, and how Victoria's unique position may play out over the weeks and months ahead. While its neighbour contemplated blackouts, Victorian Energy Minister Lily D'Ambrosio said late Wednesday she had been advised the state had "enough supply". On Wednesday, AEMO's chief executive Daniel Westerman pointed to the situation in New South Wales as that of most concern, and urged residents to conserve energy where it was safe to do so.Ĭoal and gas-fired power generators are facing big spikes in their input costs due to both international and local factors, sending wholesale electricity prices in Australia soaring. ![]() As Victorians endure a particularly cold start to winter, two major concerns resulting from a national energy crisis - rising prices and supply issues - have loomed large.įor the first time ever, the Australian Energy Market Operator (AEMO) suspended the spot market for wholesale electricity across the country, to help secure reliable supply.
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