Australia's energy market operator signals market suspension could end soon

  • 📰 SBSNews
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 89%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The suspension of the national electricity market could be lifted as soon as Wednesday, as the market operator looks to outline a path back to normal function of the grid:

Diego Fedele

The market operator said the current state of the energy market remained dynamic and that the body may be required to force generators to meet demand. "I've maximised [the Australian Competition and Consumer Commission's ] monitoring of this really crucial market because we want to make sure that if there's dodgy behaviour going on, we know about it and we can crack down on it," Dr Chalmers told reporters in Brisbane.The ACCC will make recommendations to the government on further steps that could be taken to address operator pricing.

The discussion comes as Australia's first community-owned electricity retailer has fallen victim to the energy crisis.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Extraordinary electricity market shutdown may be lifted by Wednesday nightThe energy market operator sees positive signs for the electricity grid after it dodged rolling blackouts across the east coast last week. So how about putting up the original photo? Yallourn’s cooling towers release steam! Really pathetic!
La source: smh - 🏆 6. / 80 Lire la suite »

Competition watchdog to investigate potential gaming of energy marketBig businesses are warning a clean energy plan where states decide the fate of fossil fuels in their jurisdictions will hit industry with added costs and rules. micksfoley NickToscano1 Derr… Blind Freddy knows the energy market is gamed 😂 micksfoley NickToscano1 and WHO wrote the contracts.........? micksfoley NickToscano1 The corporate world can cheat citizens out of their money,but those living in poverty are imprisoned for petty theft to survive,something is seriously wrong with our two sets of laws and values.
La source: smh - 🏆 6. / 80 Lire la suite »