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At least 600 megawatts of installed renewable energy (RE) capacity could reduce average prices at the Wholesale Electricity Spot Market (WESM), the country’s trading floor for electricity, by 80 centavos per kilowatt-hour, according to a paper on feed-in-tariff (FIT) released by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH.

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                    [AuthorName] => Iris Gonzales
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MELBOURNE ENERGY INSTITUTE

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abtest

Additional RE capacity expected to bring down power costs

By Iris Gonzales | March 5, 2015 - 12:00am

At least 600 megawatts of installed renewable energy (RE) capacity could reduce average prices at the Wholesale Electricity Spot Market (WESM), the country’s trading floor for electricity, by 80 centavos per...

Business