Coal Failures Make Australia World’s Most Volatile Power Market

10/23/2023 15:49
Coal Failures Make Australia World’s Most Volatile Power Market

Unplanned coal power plant outages, the impact of natural disasters on transmission lines and huge deployments of rooftop solar have made Australia the world’s most volatile power market, according to Rystad Energy.

Unplanned coal power plant outages, the impact of natural disasters on transmission lines and huge deployments of rooftop solar have made Australia the world’s most volatile power market, according to Rystad Energy.

Price spreads on the National Electricity Market, which covers about 80% of Australia’s demand, were the highest among 39 markets studied globally, the industry consultant said Monday in a report.

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