The Albanese government’s promise to reduce average household power bills by $275 is disappearing along with its mandate for a renewables-dominated electricity market. Despite Labor pundits’ claims to the contrary, a clear choice is emerging between Rewiring the Nation and nuclear when it comes to reducing carbon emissions. Whoever wins the social licence to operate holds the key to Australia’s future energy security.
Australia’s wholesale electricity market is divided into two main sections, the east coast’s National Electricity Market (NEM) and Western Australia’s Wholesale Electricity Market (WEM).
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