Molten base metal price volatility cools
Oct 20, 2014
PRIMER: Managing electricity price volatility
Deregulation has forced those in the electricity market to hedge against huge price volatility. Kerry Liu looks at how it's done.
The deregulation of electricity markets has led to high volatility in electricity prices since governments started privatising their systems from the mid-1980s. For example, rampant price manipulation by electricity companies in Australia’s National Electricity Market (NEM) caused the wholesale price of electricity to vary from $30 per unit to $10,000 per unit in 2006.
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