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ABC News
ABC News
Business
energy reporter Daniel Mercer

Wholesale power prices fall on renewable energy output to bring consumer relief

Embattled consumers are set for some welcome relief after sky-high wholesale electricity prices more than halved in the final three months of 2022, an analysis of Australia's biggest power market shows. 

In its latest snapshot of the national electricity market, the Australian Energy Market Operator (AEMO) noted wholesale prices fell back from $216 a megawatt hour in the September quarter to $93/MWh in the three months to December 31.

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