lee wrote on Apr 5
th, 2018 at 11:51am:
Sir Grappler Truth Teller OAM wrote on Apr 5
th, 2018 at 5:23am:
Nah - it all goes into the grid, which is sourced from a number of different forms of supply - the price is something of an average of the input of all those forms, so when the wind doesn't blow, the price doesn't go up.
That must explain why the spot prices stay static. /sarc
That's the insider market - not the general market... all such peaks and troughs are calculated into the end price... the PROBLEM is too many suppliers at the end-face demanding massive remuneration, and duplication of service and service infrastructure which did not occur under a single roof government organisation.
Imagine (just as with social security) there are several streams supplying down-river - at certain points down-river there are bought and paid for entitlements to use water (pensions, unemployment etc) -someone decides to build a reservoir to catch the water from all those streams and labels it 'Consolidated Revenue Reservoir'. The idea is to create one big pool that can cater to all needs.
Under NO circumstances does this alter the entitlement of those who bought and paid downstream to their continued use of water - i.e. Pensions and Unemployment benefits, defence etc, are still sacred...
Now - when it comes to power supply- the comparison changes ....... just downstream of Consolidated Revenue Reservoir a 'government' installs a series of sluice gates, through which the water must pass and offers each gate up for sale ... and gives to each individual operator of a sluice gate the right to charge for that water passing through......
Now THAT, my son - is why the cost of power etc is going through the roof... and not down the stream evenly and equitably...
The reasons for social security suffering include the inclusion of PPL payments and childcare subsidies - which are NOT social security but are bonus payments and are separate streams entirely - yet their inclusion in the Social Security Budget gives the APPEARANCE that the Social Security Budget is unsustainable....
A little honesty on the part of governments would go a long way.... if they were honest they would establish these bonus payments under a different or separate roof - so as to avoid ideological entanglement and opportunity for false propaganda about Social Security, and use that to play the politics of division by creating an inter-generational war.
Apply the same to power... as required....
Take this as a warning NOT to consider privatisation of Social Security....