Australia Wholesale Power Prices Plunge 47% as Renewables Hit 42% Share
Record wind and solar generation pushed wholesale electricity prices down 47% across Australia’s main grid in Q2 2026, with Victoria seeing a 60% drop. The shift, supported by a 30% fall in gas generation, demonstrates that deep decarbonization can deliver rapid consumer cost relief.
Source: theleader.com.au · greatlakesadvocate.com.au