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Electricity prices are spiking, ten times as much as normal. Here are some educated guesses as to why

  • Written by Bruce Mountain, Director, Victoria Energy Policy Centre, Victoria University
Electricity prices are spiking, ten times as much as normal. Here are some educated guesses as to whyShutterstock

Electricity prices in the short-term (“spot”) wholesale markets in Australia are surging again.

As I first drafted this, at 11.30pm on Tuesday, while electricity demands were not high, the prices quoted for each five-minute interval in Queensland, NSW, Victoria and South Australia were around A$250 per megawatt-hour, roughly...

Why Apptio is Enhancing Visibility into AI and Hybrid Cloud

AI investments have become a strategic priority for business with the mindset that if you're not using AI, you're falling behind. But according to...

Beyond borders: Building a scalable strategy for international hiring

For many Australian businesses, growth increasingly depends on thinking beyond local borders.  As wage pressures rise, and specialised talent pool...

The Next Generation of Maritime Sustainable Solutions

As organizations globally seek innovative ways to improve sustainability and their impact on Earth, the American Waterways Operators (AWO), a lead...

Demand for Home Batteries surges as Federal Rebate Kicks In

A leading provider of energy solutions VoltX Energy has seen a 400% increase in demand for home batteries in the past three weeks as people put d...

Why Sport Remains the Safest Bet in an Uncertain World

When Rome was in crisis, its leaders did not retreat to the Senate. They went to the circus. To the chariot races. To the gladiators. Sport was no...

THE FINE LINE WITHIN HILARIOUS SIGNAGE DESIGN FAILS

It seems like design failures still occur in today’s modern branding era, despite rigorous rounds of approvals behind the scenes. One signage show...

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