Article 6D3M4 Eastern Australia hit with rising electricity prices despite record warm weather

Eastern Australia hit with rising electricity prices despite record warm weather

by
Peter Hannam
from on (#6D3M4)

Wind output reached record levels in June in the national electricity market, the Australian Energy Regulator said

Eastern Australia's wholesale power prices increased in the June quarter, although they remained well below the level reached during the energy crisis a year earlier, the Australian Energy Regulator has said.

New South Wales posted the highest spot pricing with an average of $148 a megawatt hour, up from just over $100/MWh during the first three months of the year. During last winter's energy squeeze, prices averaged about $320/MWh.

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