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AAP
AAP
Business
Marion Rae and Kat Wong

MYSTERIOUS: Wholesale power prices triple as gas soars - What They Never Told You

Electricity AEMO Coal Renewable Energy AEMC
Electricity costs are rising in an Australian energy grid that still depends on fossil fuels. (Julian Smith/AAP PHOTOS) (AAP)

Treasurer Jim Chalmers admits he's concerned some manufacturers could close in a matter of months as soaring energy prices heap pressure on Australian industry.

National Electricity Market wholesale electricity prices have tripled compared to a year ago as record September quarter rates reached $216 per megawatt-hour, the latest Quarterly Energy Dynamics report shows.

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