I'm an electrician, so people keep asking me why power prices have increased so drastically. I've written this explanation; hopefully it helps answer a few questions!

Link: https://provenenergy.com.au/australian-energy-market/

#Electrical #Power #ElectricityMarket #EnergyMarket #Energy #AusPol

Australian Energy Market: Why are Electricity Prices Increasing? | Proven Energy | Solar Toowoomba

We supply agricultural solar, residential solar, commercial solar, off grid solar, solar hot water, power purchase agreements and electrical services.

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@PeterSutrin
In July we did a panel on this topic, with energy economists in case of interest : https://www.voicesofwentworth.org/post/great-watch-community-town-hall-on-our-energy-market
Great Watch: Community Town Hall on our Energy Market

“Price Spikes and Shortages - What’s happened to the energy market and what will fix it?” The question of energy has got us all concerned. We wanted to find out more so we held a Community Town Hall with a wonderful panel who set the record straight. Big thank you to our expert panel: ⚡️Alia Armistead, Climate + Energy Researcher, The Australia Institute 💡Tim Buckley, Director of Climate Energy Finance 🌞Allegra Spender MP, Wentworth Topics covered: 📈 clarifying how the National Energy Market

Voices of Wentworth