Blackout Bowen - KABOOM, page-45

" A 70 per cent surge in gas-fuelled power generation was behind a near-doubling of wholesale electricity prices across some south-eastern states in the June quarter, while forward prices for power rose across the board amid worries about potential supply shocks. "

https://www.copyright link/companies/energy/cold-snap-confirms-energy-price-surge-and-need-for-gas-and-coal-20240723-p5jvsk


Sounds like we really need to get on with the transition to renewables then doesn't it ?

We are the world's largest LNG exporter. 4/5 of the gas we produce is sent overseas . And yet we still get comprehensively gouged by gas companies here . Time to break that cycle.