But wholesale prices are down by 25% compared to the June quarter in New South Wales, down 9% in Victoria, and down 12% in Tasmania
Get our breaking news email, free app or daily news podcast
Wholesale power prices across much of eastern Australia were sharply higher in the September quarter from a year earlier because of increased reliance on gas, hydro and batteries, the Australian Energy Regulator said in its quarterly report.
Average prices ranged from $114/megawatt-hour in Queensland to $201/MWh in South Australia. The biggest year-on-year increases were in Tasmania, with prices up 290%, Victoria’s increasing 114% and SA’s 76% higher.
Sign up for Guardian Australia’s breaking news email
About Author
More Stories
Putin calls for alternative international payment system at Brics summit
Project to build German EV microchip factory put on hold
Justin Trudeau pressured to resign by backbench MPs within own party