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

  • Written by The Conversation
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...

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

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