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MARKETS

Less coal drives up prices, lowers emissions in NEM

POWER prices in the National Electricity Market have risen a monstrous 141% in 12 months to $87 per megawatt hour. This is a rise of 67% for the March quarter over December. 

Helen Clark
Less coal drives up prices, lowers emissions in NEM

The Australian Energy Market Operator's latest quarterly report said the rise was thanks to higher costs for fuel to generate electricity and coal outages.    Wind and solar generation from March 2021...

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