A spotlight on Australia's great electricity story

Energy demand is declining in Australia – thanks largely to solar PV and energy efficiency programs – and the result is a sharp fall in wholesale prices and no need for new power plants. Surely that's a story that warrants bipartisan applause.

The recent focus on retail electricity price rises has obscured the big story being played out in the wholesale electricity market.

With demand falling, wholesale prices are collapsing and governments should be wary of rent seeking while the market plays its hand.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

Related Articles