Renewables Record. Power bills to fall with rise of wind and solar energy - Michael West
michaelwest.com.au
Coal and gas have finally been eclipsed by renewable energy as wind and solar tip in half the power to Australia's electricity grid

Coal and gas have finally been eclipsed by renewable energy as wind and solar tip in half the power to Australia’s electricity grid

  • Deceptichum@quokk.auOPMEnglish
    3·
    14 days ago

    Oh it’s already there . . . for them. They’re not passing on the savings to consumers, these are wholesale savings.

    The rapid expansion of renewables is also reshaping electricity prices. Average wholesale power prices across the NEM fell 48% year-on-year in the December quarter to A$68 per megawatt hour, among the lowest levels in the world. Across the full year, wholesale prices averaged A$108/MWh, an 18% fall compared with 2024.