ENERGY TRANSITION

Rystad warns WA capacity cost surge will hit power prices

Analyst flags 36% benchmark jump as coal exits and batteries reset grid firming costs

Western Australia faces a sharp energy cost shock. Pictured: Rystad VP, Renewables & Power, Sally Bogle.

Western Australia faces a sharp energy cost shock. Pictured: Rystad VP, Renewables & Power, Sally Bogle. | Credits: Shutterstock/Rystad Energy

Western Australia's capacity market is facing a sharp cost shock, with a surging benchmark fuelling fears of higher power prices for households and energy-hungry businesses. Draft figures from the state's...

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