Finally, good news for beleaguered energy consumers, business and Australia’s economy: wholesale electricity prices down 70%
— Read on michaelwest.com.au/energy-bills-to-fall-as-gas-and-coal-prices-drop-renewables-go-ballistic/
For the first eight months of 2023, China has installed a staggering 156GW of new wind and solar, up 120% year-on-year. This is equivalent to doubling the entire installed capacity of the Australian NEM built over the last few decades, yet China pulled this off in renewables alone in just eight months.