Grattan Institute
Grattan Institute
Grattan Institute
Mostly working: Australia’s wholesale electricity market
21 minutes Posted Jul 1, 2018 at 9:00 am.
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A conversation with Energy Program Director, Tony Wood and Associate Lucy Percival. Wholesale electricity prices rose by 130 per cent between 2015 and 2017. But governments can’t fix the problem, because most of the price rises are caused by issues beyond their control. Politicians should tell Australians the harsh truth: high electricity prices are the new normal.