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New Price Floor Milestone for Western Australian Wholesale Energy Market

New Price Floor Milestone for Western Australian Wholesale Energy Market

by Fabian Le Gay Brereton | Sep 17, 2020 | Electricity Markets, WEM

Today the WA Wholesale Electricity Market hit the price floor of -$1000/MWh for the first time on a weekday. The long-term trend is clear, driven by the increasing decentralisation of energy.

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