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Page added on January 17, 2007

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Power Failures in Melbourne… Bush Fires or Energy Crisis?

Is it time to enter the dark world of the conspiracy theorist? Was yesterday in Melbourne a sign of the future? Have we witnessed the first signs of the Energy Crisis? Was it really the fault of bushfires, or was it perfect cover for the power suppliers to ‘turn the lights off’ for a few hours to get some practice for when the real event occurs?


Given that electricity supply is such a regulated market, could this comment from Reuters also provide them with another motive, “Australian spot power prices rocketed in Victoria and South Australia states on Tuesday due to the high demand.”
Daily Reckoning



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