Australia's Unique Opportunity for Renewables

Climate change will affect Australia as we're already seeing. We have a very good wind resource because of the roaring forties and any in ocean that wind sort of goes across and slams into Australia in lots of different places. The grid of the future is going to need to be highly adaptive to responses in price, right? If the price of power in the next five minutes goes from $10 a megawatt hour to $1,000 a megawat hour, you want your air-conditioned to turn off for a few minutes and turn on. And so this helps balance the grid because what happens is it reduces demand, then the price comes down. Everything is going to get a