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AAP
AAP
Business
Marion Rae

Generators chase peaks as wholesale energy prices spike

The third quarter had 54 high-price periods for electricity, which was the second highest ever,. (Diego Fedele/AAP PHOTOS)

Power suppliers have been making the most of a record number of price spikes in the national electricity market (NEM), according to data covering the winter months.

"Some market participants rebid by shifting offers to higher price bands which reduced low-priced capacity further," the Australian Energy Retailer says in a wholesale prices report released on Friday.

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