Why are power prices likely to keep surging, and where do we go from here? Economy Bruce Mountain 30 May 2022 We may be in the early stages of an energy price shock comparable to the 1973 oil price crisis.
Electricity spot prices are 10 times the normal cost. Here are some possible reasons why Energy & Resources Bruce Mountain 12 May 2022 So far this year, average spot prices have been about 50% higher than last year in Victoria, South Australia and Tasmania, about 80% higher in NSW, and 150% higher in Queensland.