Electricity Prices Are Moving Higher Across the Globe

By Kent Moors, Ph.D., Contributing Writer, Money Morning

Something is happening internationally that has gone almost unnoticed in the American market - electricity prices in certain regions are increasing... and fast.
The spikes have been particularly noticeable in Australia and the U.K.
Much of Australia has seen rises in power costs of 20% (or more) in less than two years. Prices there are accelerating more than twice as fast as a rising inflation rate and will continue to soar, due to an under-funded electricity infrastructure.