First look at the new settlement rule of Australia's electricity market, has it worked?
- Written by: Christina Nikitopoulos, Associate professor, Finance Discipline Group, University of Technology Sydney
Per Bengtsson from shutterstock.comYou might not realise this when you flick your switch at home, but Australian electricity generators are forever locked in a bidding war. They compete for the right to supply electricity on the spot market. The cheapest bids win and electricity from those generators is supplied, or “dispatched”, to...
Read more: First look at the new settlement rule of Australia's electricity market, has it worked?
