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AAP

Business

Farid Farid

NSW energy outages possible as prices soar

Energy New South Wales Matt Kean Electricity AEMO

Ageing coal-fired power plants are partly behind rising power prices and threats of blackouts. (AAP)

The cold snap, ageing coal-fired power plants and the Ukraine war are behind the price hikes in electricity bills as NSW consumers are warned of potential blackouts.

"There's huge challenges in the energy sector at the moment", Treasurer and Energy Minister Matt Kean told reporters on Tuesday.

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