Last week, the energy spot market was suspended in response to a supply shortfall from generators unwilling to pump power into the network.
Energy Minister Chris Bowen has not ruled out further intervention in the market if the energy grid finds itself under pressure throughout winter.
The market is broken from 9 years of LNP mismanagement
How so? prices are still high, Bowen out of his depth.
Only way to have business as usual is to build more Coal Power, failing that nuclear.
BS
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:
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.
Renewables key to avoiding future energy price shocks and shortages, market operator saysThe Australian Energy Market Operator will begin a staged approach to lift its suspension of the National Electricity Market from 4am on Thursday, citing a 'clear improvement' in conditions. or...OR....Oil companies would stop owning governments and wouldn't be scumbags. There is no such thing as renewable energy. I hear wind turbine blades are not recycleable!
Source: SBSNews - 🏆 3. / 89 Read more »
AEMO to lift energy market suspensionUnder AustralianLabor AlboMP it will get worse. Essential services like energy will become luxury items very soon, petrol will hit over $3 by Xmas & my bet is they’ll use this to increase gov control & regulation which will make things worse. But that’s the plan! Bankrupt us! We Outnumber Them: 'If We Don't Submit, They Have No Chance' 'They need you to give up hope because there's too many of us. We outnumber them, and if we don't give up, if we don't submit, they have no chance. They just don't want us to know it.'
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Electricity market suspension to be lifted as supply surges backFederal Energy Minister Chris Bowen says some challenges remain but the outlook for stability in the power supply is good.
Source: brisbanetimes - 🏆 13. / 67 Read more »
Bowen ‘aware of long-term challenges’ in energy marketBowen is as useless as tits on a bull He is clueless 🤦♀️ Does he have any comments re the reported 6.5 trillion figure to run Australia on solar/wind & batteries
Source: SkyNewsAust - 🏆 7. / 78 Read more »
National electricity market suspension to end from 2pmHey Rupert Murdoch! Hear you are looking for ANOTHER lover! I found you a couple of PERFECT BRIDES! They will suit you to a tee!
Source: SkyNewsAust - 🏆 7. / 78 Read more »