RN Breakfast - Separate stories podcast Folgen

As the east coast faces surging energy prices, the ACT is set to see a price decrease. After a decade-long switch to renewables, the Territory has announced electricity prices will decrease by 1.25%.

AEMO's intervention in the national spot market for wholesale energy has served as a reminder of the challenges presented by a failure to adequately plan for the shift away from fossil fuels. The Chairman and Founder of Fortescue Metals, Andrew Forrest, is one of Australia's leading clean energy advocates, and a key investor in Green Hydrogen.

Prime Minister Anthony Albanese, says the suspension of the National Electricity Market is a direct result of the Coalition Government's policy deadlocks and failure to invest in the grid. He says lessons will be learned from the energy crisis and policy adjustments made where necessary.