Energy prices: AEMO intervenes after 50-fold increase in east coast gas price - The Australian Financial Review

Australian Industry Group chief executive Innes Willox describes the energy price rises around the country as ‘apocalyptic’.

The shadow price for gas that would apply if the cap were not in place spiked again on Tuesday morning to an unheard-of $800 a gigajoule. Manufacturers typically pay less than $10/GJ if they are on c… [+4019 chars]

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