The Age ·general ·2 hours ago

Australia's battery capacity doubles, slashing wholesale electricity prices twelve percent

Australia's battery capacity more than doubled in the past 12 months, with grid-scale batteries now setting prices nearly a third of the time during the March quarter. The boom has reduced wholesale electricity prices by 12 percent to an average of $73 per megawatt-hour, insulating the nation from global energy shocks as Middle East tensions drive international fuel costs higher.

Summary by Glance · The Age

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