24 July 2024
Wholesaleenergyprices have surged as low rainfall and wind speeds reduced the output from crucial renewable sources, forcing Australians to use more expensive fossil fuels.New data from theAustralianEnergy Market Operator (AEMO) released today showed wholesale costs increased by 23 per cent in the June quarter compared to the same time last year.
Thank god renewables are so cheap, just imagine what the price rises would have been without renewables!!
hang on …….!
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- Chris Bowen
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