Tag: Australia energy prices

Australia’s Wholesale Energy Prices Rise Again in June Quarter

July 20, 2023
AustraliaAustralia energy pricesaustralian energy regulatorBusiness & Marketseconomic policiesenergyInternationalWorld
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Australia’s wholesale electricity and gas prices regained their growth momentum in the June quarter after a period of sharp decline. However, they were much lower than the extreme highs recorded a year ago as production capacity improved. According to the Australian Energy Regulator’s (AER) latest wholesale markets report (pdf), the average spot prices in the…

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Australian Government Rejects Opposition’s Call to Embrace Nuclear Energy

July 7, 2023
AustraliaAustralia energy pricesnuclear energyWorld
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The Australian government has turned down the Opposition’s demand to include nuclear power in the energy mix as the country moves toward net zero emissions. In an interview with Nine News, Education Minister Jason Clare stated that the Labor government would not support nuclear power. “They cost about $400 million bucks and take years and…

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