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ABC News
ABC News
Business
energy reporter Daniel Mercer

A key part of Australia's electricity market is in meltdown and it's bad news for your power bill

Australian households battling spiralling costs of living are being warned to brace for more power price pain as a crisis in a key part of the electricity market threatens to send retailers to the wall.

Energy insiders say it is becoming alarmingly difficult for power retailers and generators to access a type of insurance through what is known as the hedging market, which is in virtual meltdown.

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