We are seeing unprecedented prices in the Australian gas and electricity wholesale markets.
The first five days of May saw electricity prices average over $400 per MWh in Queensland and NSW, and over $150 per MWh in Victoria and South Australia. Compare this with the historical average daily prices of $40-$80 per MWh.
- Unlimited access to spectator.com.au and app
- The weekly edition on the Spectator Australia app
- Spectator podcasts and newsletters
- Full access to spectator.co.uk