Project EnergyConnect: Updated analysis of potential impact on electricity prices in South Australia
We were pleased to work with ElectraNet again over the last few months.
We have now updated our earlier estimates of the impact Project EnergyConnect might have on wholesale electricity prices in South Australia. The earlier modelling was done in June 2018 ElectraNet prepared its Project Assessment Draft Report.
The electricity sector is fast moving, so by the time ElectraNet was ready to make its contingent project application our 2018 modelling was out of date.
Our updated modelling suggests that the representative South Australian household stands to save about $100 per year due to reduced wholesale electricity costs when Project EnergyConnect is complete. Small and large businesses are expected to enjoy savings too.