Sudden power price rises show need for climate policy certainty – report

In the wake of South Australian price rise, the Grattan Institute calls on governments to explain that the transition to renewables is coming, with costs attachedHuge spikes in wholesale electricity prices in South Australia in July show stable, nationally consistent climate policy must urgently replace “unmanageable uncertainty” for energy market investors, according to a new analysis by the Grattan Institute.When the short-term spot price of electricity spiked to its peak of $14,00