Australia's largest stock trading and investment forum Australia's #1 stock forum

Wholesale power prices higher more expensive because of coal, page-3

First 3 Last

Share
Profile

Follow
colincj

6,474 Posts.

88

29/04/22

07:31

Post #: 61086336
Share

Originally posted by acorn: ↑

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

Expand

Morrison lies again ,he said under his government electricity prices would go down the wholesale price of a MWatt has risen 141% in the last year
9 Upvote

Reply

Top Stories

CIA

'Share long-term visions': Champion Iron rallies on mooted Nippon, Sojitz partnership

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

RML

Resolution Minerals appoints industry experts to fast-track US growth strategy

ASX Market Open: Extraordinary RBA vote minutes lead Oz futures into rise | July 23

ASX Market Close: How a megadam in Tibet pushed us into the red

First 3 Last