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Flat White

Budget week is looming - as are electric shocks over power prices and reliability

5 May 2021

3:11 PM

5 May 2021

3:11 PM

Last month energy minister Angus Taylor cited analysis by the Australian Energy Market Operator showing falls in wholesale electricity to nine-year lows as “an outstanding result [that] demonstrates how effective the Government’s actions have been”.  For example, he said, “In New South Wales, prices fell to $38/MWh, down from $86/MWh in the corresponding quarter in 2020”.

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