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Sunshine Hydro shares its thoughts on
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How Sunshine Hydro can put Downward Pressure on Electricity Prices

By Chris Baker, Founder and Director Sunshine Hydro.

Electricity spot prices are more than double where they were 12 months ago according to AEMO’s quarterly energy dynamics report. Queensland prices are higher than other states and for Q1 averaged $150/MWh which is its second-highest quarter since 1998.

AEMO’s general manager of Reform Delivery, Violette Mouchaileh said, “Wholesale prices in Queensland and NSW were again significantly higher than in southern states. This was due to the larger price-setting role of black coal generation and system security constraints limiting daytime electricity transfers from Victoria into NSW…”

According to Giles Parkinson writing in Renew Economy, “The reputation of coal as a source of cheap and reliable baseload has been further damaged by the latest official quarterly market report that squarely blames coal plant outages and coal market bids for the sharp jump in electricity prices in the March quarter.”

Sunshine Hydro can help. Our business is “keeping the lights on®” using 100% renewable energy.  By using pumped hydro and hydrogen matched with wind and solar power a typical Sunshine Hydro SuperHybrid™ will produce power 24 hours a day, even through times of low wind and solar.

This will put downward pressure on electricity prices 24 hours a day leading to better outcomes for electricity consumers not only in Queensland but in the other interconnected states.

Sunshine Hydro has just announced the Flavian Project in Queensland and this project will produce 220 MW of firm green energy 24 hours a day every day of the year.  This is equivalent to a small coal-fired power station, and as an example is much more than what was produced by Collinsville Power Station which closed in 2013.

Companies that wish to secure early access to this limited 220 MW of firm green energy from this project are encouraged to contact Sunshine Hydro


Latest News

An untold story about nuclear power

There’s been lots of discussion lately about nuclear power and its role in a future Australian grid. In a recent Investor Q&A Webinar for our equity crowdfunding campaign on Birchal, we were asked if we see nuclear power as a threat to our Superhybrid™ business model. That question inspired me to write this blog.  


Our story so far

The first tender shoots of the idea for this company started when I was living in a sustainable community. The community needed energy storage and I started looking at how that might be done. First I envisaged a micro pumped hydro station. However, the more I explored these ideas, the bigger things became and the possibilities of what could be achieved increased. It soon became clear that I needed a company with like-minded individuals to carry this forward, and so Sunshine Hydro was born.