{"id":3960,"date":"2014-08-27T21:22:05","date_gmt":"2014-08-27T11:52:05","guid":{"rendered":"http:\/\/www.solarquotes.com.au\/blog\/?p=3960"},"modified":"2019-04-15T14:50:07","modified_gmt":"2019-04-15T04:20:07","slug":"solar-hurt-big-energys-profits-last-saturday","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/solar-hurt-big-energys-profits-last-saturday\/","title":{"rendered":"Is midday the new off peak – thanks to solar?"},"content":{"rendered":"
\"pylons\"<\/a>

Pylons carrying electricity at $0.005 per kWh.\u00a0Last Saturday.<\/p><\/div>\n

I was at home on a cloudy Saturday morning in Adelaide last week, performing some much needed repairs on my puppets in between refreshing my knowledge of chemistry. (Apparently everything is still made of atoms.) Then I noticed through a crack in the wall that the sun had come out and I opened the electrically operated steel shutters to see that, although there were still patches of cloud around, most of Adelaide was bathed in glorious noon sunshine.<\/p>\n

On a whim I decided to check what effect this break in the weather had on grid demand and so I went to the Australian Electricity Market Operator’s site<\/a>. Fortunately I could do this via internet and so didn’t have far to walk. I saw there had been quite a steep decline in demand which apparently had gone hand in hand with the clearing skies.<\/p>\n

What was interesting was demand had dropped to just under 900 megawatts, which was the lowest point so far that day. It was the same as grid demand had been at the traditional “off peak” period – \u00a0around three or four o’clock in the morning.<\/p>\n

What was also fascinating was the wholesale electricity price for the state (technically the Regional Reference Price) dropped to half a cent a kilowatt-hour<\/strong> at about 12:30pm, which is roughly 10 minutes after solar meridian.<\/p>\n

[Note from Finn:<\/strong> That means that in dollar terms, the coal and gas fired power stations\u00a0<\/a>\u00a0are technically getting “two fifths of rock\u00a0all” for burning all that coal and gas for that time\u00a0which used to be one of their most profitable periods . No wonder their owners are lobbying to scrap the Renewable Energy Target!]<\/p>\n

I can’t recall it ever being that low in the middle of the day before, and to the best of my knowledge it has never been that low, but I can’t be certain for while I try to obsessively stare at the little graph of South Australian electricity prices, I find I keep getting distracted by other activities such as watching paint dry or using glacier cam\u00a0to watch glaciers melt<\/a>.<\/p>\n

I don’t want to speculate on exactly why the wholesale electricity price was so low at that point, as it depends on all kinds of factors such as how much the wind was blowing, what particular games dispatchable generators were playing with each other at the time, and what was going on in Mordor. Sorry, I mean Victoria. However, what is clear is that as rooftop solar capacity continues to expand in South Australia it will become common for grid demand during the day to fall below the night time minimum.<\/p>\n

Currently South Australia has roughly 530 megawatts of rooftop solar capacity and on a cloudless day, which happens a lot around here, is capable of providing over 400 megawatts of power around noon. As the installed capacity exceeds one gigawatt, which it will, our new off peak period of lowest grid demand will consist of the majority of sunlit hours around noon in autumn, spring, and winter.<\/p>\n

This will have many interesting consequences for electricity generation in Australia, which I will go into in future articles. But I am not going to tell you when I will write these articles on account of how I am notoriously unreliable.<\/p>\n","protected":false},"excerpt":{"rendered":"

I was at home on a cloudy Saturday morning in Adelaide last week, performing some much needed repairs on my puppets in between refreshing my knowledge of chemistry. (Apparently everything is still made of atoms.) Then I noticed through a crack in the wall that the sun had come out and I opened the electrically […]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[56],"tags":[47],"class_list":["post-3960","post","type-post","status-publish","format-standard","hentry","category-economics","tag-electricity-prices","entry"],"acf":[],"yoast_head":"\nIs midday the new off peak - thanks to solar? - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"As rooftop solar capacity continues to expand in South Australia it will become common for grid demand during the day to fall below the night time minimum.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/solar-hurt-big-energys-profits-last-saturday\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is midday the new off peak - thanks to solar?\" \/>\n<meta property=\"og:description\" content=\"As rooftop solar capacity continues to expand in South Australia it will become common for grid demand during the day to fall below the night time minimum.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/solar-hurt-big-energys-profits-last-saturday\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2014-08-27T11:52:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-04-15T04:20:07+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/08\/pylons.jpg\" \/>\n<meta name=\"author\" content=\"Ronald Brakels\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BrakelsRonald\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solar-hurt-big-energys-profits-last-saturday\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solar-hurt-big-energys-profits-last-saturday\/\"},\"author\":{\"name\":\"Ronald Brakels\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/d0ce1779b3f5cb67cb4f146732af2fc7\"},\"headline\":\"Is midday the new off peak – thanks to solar?\",\"datePublished\":\"2014-08-27T11:52:05+00:00\",\"dateModified\":\"2019-04-15T04:20:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solar-hurt-big-energys-profits-last-saturday\/\"},\"wordCount\":576,\"commentCount\":4,\"publisher\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solar-hurt-big-energys-profits-last-saturday\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/08\/pylons.jpg\",\"keywords\":[\"Electricity Prices\"],\"articleSection\":[\"Economics Of Solar\"],\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.solarquotes.com.au\/blog\/solar-hurt-big-energys-profits-last-saturday\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solar-hurt-big-energys-profits-last-saturday\/\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/solar-hurt-big-energys-profits-last-saturday\/\",\"name\":\"Is midday the new off peak - thanks to solar? 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The sites earmarked\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Solar panels for Adelaide City","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/07\/adelaide-council-solar.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/07\/adelaide-council-solar.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/07\/adelaide-council-solar.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":88966,"url":"https:\/\/www.solarquotes.com.au\/blog\/adelaide-sustainability-rebates-mb3098\/","url_meta":{"origin":3960,"position":2},"title":"City Of Adelaide Sustainability Rebates Still On Offer","author":"Michael Bloch","date":"January 20, 2025","format":false,"excerpt":"Adelaide City Council's long-running sustainability incentives scheme still has much on offer; including solar PV, battery, EV charger and appliance electrification rebates. Here's what's available. The City of Adelaide covers a small area - approximately 16km2. It's home to around 25,000 residents but hosts 315,000 city users daily. For some\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"City of Adelaide sustainability incentives scheme","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/01\/adelaide-sustainability-rebates.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/01\/adelaide-sustainability-rebates.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/01\/adelaide-sustainability-rebates.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/01\/adelaide-sustainability-rebates.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/01\/adelaide-sustainability-rebates.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":67197,"url":"https:\/\/www.solarquotes.com.au\/blog\/solar-compare-electricity-mb2700\/","url_meta":{"origin":3960,"position":3},"title":"Solar Owners: Shop Around For The Best Electricity Plan","author":"Michael Bloch","date":"November 3, 2022","format":false,"excerpt":"Here's an example of what can happen if owners of solar power systems don't find the best electricity plan for their situation. I was reading an article elsewhere yesterday on renewable energy in South Australia and in the comments below was a fellow unhappy with solar feed-in tariffs, which aren't\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Comparing electricity plans for solar owners","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/solar-retailer-comparison.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/solar-retailer-comparison.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/solar-retailer-comparison.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/solar-retailer-comparison.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/solar-retailer-comparison.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":43948,"url":"https:\/\/www.solarquotes.com.au\/blog\/ikea-adelaide-microgrid-mb1721\/","url_meta":{"origin":3960,"position":4},"title":"IKEA Adelaide’s Solar + Storage Microgrid Project Progressing","author":"Michael Bloch","date":"October 14, 2020","format":false,"excerpt":"The first solar panels have been lifted on to the rooftop of IKEA's retail outlet in Adelaide as part of a major solar power + battery storage microgrid project at the site. The 14,370 sq metre rooftop will host 1.2MW of solar power capacity, and a 3.4MWh battery system housed\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"IKEA Adelaide solar panels and battery system","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/10\/ikea-solar-microgrid-adelaide.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/10\/ikea-solar-microgrid-adelaide.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/10\/ikea-solar-microgrid-adelaide.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/10\/ikea-solar-microgrid-adelaide.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/10\/ikea-solar-microgrid-adelaide.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":17839,"url":"https:\/\/www.solarquotes.com.au\/blog\/floating-solar-adelaide-mb0383\/","url_meta":{"origin":3960,"position":5},"title":"Floating Solar Power Plant For Adelaide Reservoir","author":"Michael Bloch","date":"December 22, 2017","format":false,"excerpt":"A floating solar plant will be installed at a metropolitan reservoir in Adelaide - part of a much larger solar PV rollout announced today by SA Water. SA Water has set a goal of achieving $0 net electricity costs by 2020 and will initially invest $10 million on up to\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Floating solar power - Adelaide, South Australia","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/12\/floating-solar-adelaide.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/12\/floating-solar-adelaide.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/12\/floating-solar-adelaide.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/12\/floating-solar-adelaide.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/3960","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=3960"}],"version-history":[{"count":5,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/3960\/revisions"}],"predecessor-version":[{"id":29554,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/3960\/revisions\/29554"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=3960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=3960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=3960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}