The Australian Energy Market Operator (AEMO) has released its latest report for the March 2024 quarter and the figures are surprising.
energy market is driving down electricity prices across much of the country despite severe weather conditions driving up demand for energy.for the March 2024 quarter found renewables accounted for 39 per cent of the east coast's power grid, up almost 2 per cent for the same period in 2023.
AEMO's Executive general manager of reform delivery Violette Mouchaileh said the growth of solar and wind energy in Australia could bring down electricity prices to record lows.
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