Electricity prices down almost 60% a year on from Australia’s short-lived energy crisis

Emissions from national electricity market also fell more than 6% in June quarter, Australian Energy Market Operator says

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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.

For the June quarter, wholesale power prices averaged $108 per megawatt hour on the national electricity market (NEM), down almost 60% from the same period a year ago when the market was suspended during a short-lived energy crisis.

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