Lol.So much for King coal.Wholesale power prices in Australia’s...

Lol.

So much for King coal.

Wholesale power prices in Australia’s main electricity market continued to rise in the first three months of 2022, more than doubling the cost a year earlier, with the increase blamed mostly on more costly fossil fuels and the falling reliability of coal-fired power plants.

Renewable energy, meanwhile, grew its share of the market to more than one-third, pushing carbon emissions from the largest polluting sector to new lows, according to the quarterly energy dynamics report from the Australian Energy Market Operator (Aemo).

https://www.theguardian.com/australia-news/2022/apr/29/wholesale-power-prices-double-in-a-year-in-australias-main-electricity-market