Electricity prices have become a political hot potato, and the blame game has been running unchecked for more than a year, writes David Blowers.

This feasibility study confirms that the Snowy 2.0 pumped hydro expansion project is both technically and financially feasible.

The AEMC predicts national residential electricity prices will fall on average over the next two years from mid 2018, as more variable wind and solar generation comes online - offsetting this year’s price increase.

This is the second interim report of an inquiry into gas supply arrangements in Australia. It focuses on the operation of the east coast gas market, where there are continuing immediate and longer-term concerns.

This report found that short-term fuel issues and longer-term market challenges have combined to cause sustained high prices for wholesale electricity in New South Wales.