24 July 2024Wholesaleenergyprices have surged as low rainfall...

  1. 92electrons
    3,578 Posts.
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    27/07/24
    07:03
    Post #: 74940947

    24 July 2024
    Wholesale    energyprices 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.

    https://hotcopper.com.au/data/attachments/6340/6340076-3a0f041acf2bd4eb4772757f9a3ea8be.jpg

    Thank god renewables are so cheap, just imagine what the price rises would have been without renewables!!

    hang on …….!
    Last edited by 92electrons: Yesterday, 07:06
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