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Boral is having to regularly wind back production when power prices spike, showing the toll that Australia’s stumbling energy transition is taking on manufacturing.
Exclusive: September quarter average fell to $63 a megawatt hour partly thanks to milder winter and increased renewables
The return of the El Nino weather system is expected to deliver a hot, dry summer increasing the likelihood of bushfires and drought.
Australia may extend the operating life of its largest coal-fired power plant beyond its planned closure in 2025 in an effort to counter power shortages.