The Renewable Rollercoaster: Australia's Power Prices Soar and Plunge in a Whirlwind Year Australia's rapid transition to renewables has delivered a year of record low power prices, but industry leaders warn this may be short lived.
As coal fired generators continue to shut down and their replacements remain unbuilt, the nation hurtles towards a critical juncture in its energy future.
Wholesale electricity prices have plummeted to five year seasonal lows over the past six months, bringing relief to hundreds of thousands of customers on basic retail plans.