Power prices front of mind for South Australians, as hydrogen project progresses

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The government says the state is not immune to global pressures on energy costs, as it announces partners for a major hydrogen project in Whyalla.

An Emergency Warning level is in place for Segenhoe, in the Upper Hunter area of NSW. Keep up to date withBusinesses and consumers are still grappling with high power bills in SA, with the government saying the state is not immune to global price hikes

"We've found our average spend per month prior to the increases was around $2,700 and at the moment we're paying over $4,000," he said. Around $600 million will be spent on the facility, which will use renewable energy to both produce hydrogen and store electricity for the grid. "But it's projects like this that ultimately will help fill that gap, and help drop power prices," he said.

The opposition has previously raised concerns the plan will not lower power prices, citing Office of Hydrogen Power SA's chief executive Sam Crafter's comments in a May budget and finance committee hearing."When you bring in more dispatchable generation, though, there is an impact on the whole market, and that's where we would see an impact across the market for customers as well," he said.

 

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