Australia’s biggest generation companies now have a new tool to help push prices to the market cap – big batteries.
— Read on reneweconomy.com.au/the-big-battery-being-used-to-push-electricity-prices-to-the-market-cap/

extract “AGL then rebid 91 MW of capacity at the Wandoan battery from the price floor (minus $1,000 a megawatt hour) to around $10,000/MWh and set the price, the regulator said.”

Such Smugliness