The outrage is real, because production is less than half the story.
In the past 10 years.
The supply margin (declared capacity - demand) has reduced by half.
Electricity prices have increased 250%(edit: from 0.11 to 0.25).
And the 9-fold relative increase in imports (1% to 9%) definitely contributes to that increase.
Before you say it's all inflation, I believe inflation is not that high over the same period, and consider the role that electricity price hikes have played on inflation.
In the past 10 years.
The supply margin (declared capacity - demand) has reduced by half.
Electricity prices have increased 250%(edit: from 0.11 to 0.25).
And the 9-fold relative increase in imports (1% to 9%) definitely contributes to that increase.
Before you say it's all inflation, I believe inflation is not that high over the same period, and consider the role that electricity price hikes have played on inflation.