Energy demand dropping in Australia In Australia, energy peak
demand may be disappearing. For the past several years, the
country has experienced periods in which the cost of energy
would be pushed beyond $5,000 per megawatt-hour due to high
demand. These “super peaks” generally lasted between 36 and 100
hours, but still cause a significant financial impact on the
country when they occur. The super peaks are often caused due to
the energy demands of citizens during the hottest seasons of the
year or the energy needs of various projects occurring
throughout the nation. As the country continues to focus on the
adoption of alternative energy, it may no longer see these
costly super peaks. Exact financial information concerning the
trend not yet released The Australian Energy Regulator (AER),
the country’s regulatory authority of wholesale electricity, has
released a new report documenting the disappearance of super
peaks. The report shows that the country has experienced a
significantly lower number of super pea