Business News

Wind and solar cut rather than boost Australia's wholesale electricity prices

Written by Zsuzsanna Csereklyei, Lecturer in Economics, RMIT University

Power failure. It's gas, not wind, that's pushing up electricity prices.Shutterstock

Wholesale prices in the National Electricity Market have climbed significantly in recent years. The increase has coincided with a rapid increase in the proportion of electricity supplied by wind and solar generators.

But that needn’t mean the increase in wind...

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