Electricity market suspension could end soon

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 78%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The historic suspension of the country’s National Electricity Market could be lifted as early as this week.

The decision came amid skyrocketing power prices which led AEMO to set an energy price cap on Sunday, limiting the price of wholesale electricity to $300 a megawatt per hour.

In a statement released on Tuesday afternoon, AEMO confirmed the current outlook indicates sufficient electricity reserves for Tuesday evening. Picture: Getty

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Current situation with Superannuation, why did Albo not suspend trading on stockmarket? It the same thing.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Australia's energy market operator signals market suspension could end soonThe 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:
Source: SBSNews - 🏆 3. / 89 Read more »

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!
Source: smh - 🏆 6. / 80 Read more »