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        "slug": "average-negative-wholesale-electricity-price",
        "name": "Average negative wholesale electricity price",
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        {
          "slug": "utilities",
          "name": "Electricity, gas, steam and air conditioning supply",
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        "code": "AU",
        "name": "Australia",
        "type": "country"
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        "start": "2024-01-01",
        "end": "2024-12-31",
        "type": "year"
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      "value": -25,
      "value_text": "USD -25/MWh",
      "unit": "USD",
      "currency": "USD",
      "scale": "1",
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        "org": "International Energy Agency",
        "org_short_name": "IEA",
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        "document_type": "press_release",
        "locator": "Negative prices highlight the need for more flexibility in supply and demand",
        "quote": "In 2024, for example, they averaged USD ‑2/MWh in Finland, USD -7/MWh in Houston, Texas, USD -12/MWh in Germany, USD -25/MWh in Victoria and USD ‑30/MWh in South Australia.",
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      "updated_at": "2026-09-15T22:15:46.809Z"
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      "id": "stat_01M2KJ7XC3BMVT0FP162MBJPSD",
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        "slug": "average-wholesale-electricity-price",
        "name": "Average wholesale electricity price",
        "definition": "The demand-weighted or unweighted annual average price of electricity cleared in wholesale power markets."
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        {
          "slug": "utilities",
          "name": "Electricity, gas, steam and air conditioning supply",
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        }
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        "code": "AU",
        "name": "Australia",
        "type": "country"
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        "start": "2025-01-01",
        "end": "2025-06-30",
        "type": "point"
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      "value": 68,
      "value_text": "USD 68/MWh",
      "unit": "USD/MWh",
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      "scale": "1",
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        "org": "International Energy Agency",
        "org_short_name": "IEA",
        "org_url": "https://www.iea.org",
        "org_tier": 1,
        "document_title": "Prices: Trends in wholesale markets differ across regions – Electricity Mid-Year Update 2025",
        "document_url": "https://www.iea.org/reports/electricity-mid-year-update-2025/prices-trends-in-wholesale-markets-differ-across-regions",
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        "locator": "Prices: Trends in wholesale markets differ across regions",
        "quote": "In the first half of 2025, Australian average wholesale electricity prices fell by 6% y-o-y to USD 68/MWh.",
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        "apa": "International Energy Agency. (2025). Prices: Trends in wholesale markets differ across regions – Electricity Mid-Year Update 2025. Retrieved September 15, 2026, from https://www.iea.org/reports/electricity-mid-year-update-2025/prices-trends-in-wholesale-markets-differ-across-regions. Via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC3BMVT0FP162MBJPSD",
        "bibtex": "@misc{iea2025averagembjpsd,\n  author       = {{International Energy Agency}},\n  title        = {Prices: Trends in wholesale markets differ across regions – Electricity Mid-Year Update 2025},\n  year         = {2025},\n  howpublished = {StatOrigin, https://statorigin.org},\n  url          = {https://statorigin.org/stat/stat_01M2KJ7XC3BMVT0FP162MBJPSD},\n  note         = {Original source: https://www.iea.org/reports/electricity-mid-year-update-2025/prices-trends-in-wholesale-markets-differ-across-regions. Accessed September 15, 2026.}\n}"
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      "id": "stat_01M2KJ7XC3BMVT0FP162MBJPPF",
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        "slug": "share-of-hours-with-negative-wholesale-electricity-prices",
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        {
          "slug": "utilities",
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        "code": "AU",
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        "start": "2024-01-01",
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      "value": 25,
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        "org": "International Energy Agency",
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        "quote": "In South Australia, negative prices accounted for about 25% of the hours on average annually in both 2023 and 2024.",
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        "bibtex": "@misc{iea2024sharembjppf,\n  author       = {{International Energy Agency}},\n  title        = {Prices},\n  year         = {2024},\n  howpublished = {StatOrigin, https://statorigin.org},\n  url          = {https://statorigin.org/stat/stat_01M2KJ7XC3BMVT0FP162MBJPPF},\n  note         = {Original source: https://www.iea.org/reports/electricity-2025/prices. Accessed September 15, 2026.}\n}"
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      "id": "stat_01M2KJ7XC3BMVT0FP162MBJPPE",
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      "indicator": {
        "slug": "share-of-hours-with-negative-wholesale-electricity-prices",
        "name": "Share of hours with negative wholesale electricity prices",
        "definition": "The proportion of total hours in a period during which wholesale electricity prices fall below zero."
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      "industry": [
        {
          "slug": "utilities",
          "name": "Electricity, gas, steam and air conditioning supply",
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        "code": "AU",
        "name": "Australia",
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        "start": "2023-01-01",
        "end": "2023-12-31",
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        "org": "International Energy Agency",
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        "quote": "In South Australia, negative prices accounted for about 25% of the hours on average annually in both 2023 and 2024.",
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        "apa": "International Energy Agency. (2023). Prices. Retrieved September 15, 2026, from https://www.iea.org/reports/electricity-2025/prices. Via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC3BMVT0FP162MBJPPE",
        "bibtex": "@misc{iea2023sharembjppe,\n  author       = {{International Energy Agency}},\n  title        = {Prices},\n  year         = {2023},\n  howpublished = {StatOrigin, https://statorigin.org},\n  url          = {https://statorigin.org/stat/stat_01M2KJ7XC3BMVT0FP162MBJPPE},\n  note         = {Original source: https://www.iea.org/reports/electricity-2025/prices. Accessed September 15, 2026.}\n}"
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      "updated_at": "2026-09-15T22:15:46.809Z"
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      "id": "stat_01M2KJ7XC3BMVT0FP162MBJPSC",
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        {
          "slug": "utilities",
          "name": "Electricity, gas, steam and air conditioning supply",
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        "code": "AU",
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        "org": "International Energy Agency",
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        "document_title": "Prices: Trends in wholesale markets differ across regions – Electricity Mid-Year Update 2025",
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        "locator": "Prices: Trends in wholesale markets differ across regions",
        "quote": "In the first half of 2025, Australian average wholesale electricity prices fell by 6% y-o-y to USD 68/MWh.",
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        "bibtex": "@misc{iea2025wholesalembjpsc,\n  author       = {{International Energy Agency}},\n  title        = {Prices: Trends in wholesale markets differ across regions – Electricity Mid-Year Update 2025},\n  year         = {2025},\n  howpublished = {StatOrigin, https://statorigin.org},\n  url          = {https://statorigin.org/stat/stat_01M2KJ7XC3BMVT0FP162MBJPSC},\n  note         = {Original source: https://www.iea.org/reports/electricity-mid-year-update-2025/prices-trends-in-wholesale-markets-differ-across-regions. Accessed September 15, 2026.}\n}"
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      "id": "stat_01M2KJ7XC3BMVT0FP162MBJPP6",
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        "slug": "wholesale-electricity-price-growth",
        "name": "Wholesale electricity price growth",
        "definition": "Year-on-year percentage change in wholesale electricity market prices."
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        {
          "slug": "utilities",
          "name": "Electricity, gas, steam and air conditioning supply",
          "isic": "D35",
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        "code": "AU",
        "name": "Australia",
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      "period": {
        "start": "2025-01-01",
        "end": "2025-06-30",
        "type": "quarter"
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      "value_text": "5%",
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      "scale": "1",
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        "org": "International Energy Agency",
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        "locator": "Wholesale electricity prices rose in some regions, while negative prices are becoming more common",
        "quote": "By contrast, wholesale prices in countries such as India and Australia declined by around 5-15% in 2025 compared with the previous year.",
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