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Wholesale power prices down from a year ago but still at elevated levels
Emissions from Australia’s main electricity grid dropped more than 6% in the June quarter from a year ago to a record-low for the period, and wholesale prices stabilised, the Australian Energy Market Operator (Aemo) said.
I think some of the people who are raising issues in the US Congress about this are saying ‘look the US has its own issues about its industrial base, its capacity to up its submarine production.’
But you know, what Aukus is about is actually augmenting the capacity to supply submarines in the region. And we Australia will be injecting money into the US industrial base.
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