the inquiry will examine potentially unlawful anticompetitive conduct by the big power generators.
The parent company of EnergyAustralia, the country’s third-largest generator, warned investors it was headed for a half-year loss because of “challenging and extreme” market conditions. Hong Kong-listed CLP Group said outages at EnergyAustralia’s Yallourn coal plant in Victoria and Mt Piper in NSW had helped drive a $1.1 billion earnings drop since January, forcing the company to buy more expensive electricity on the wholesale market.
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Energy regulator signals major change to market likely amid nation’s power crisisAustralia’s unprecedented energy market suspension could lift this week, but the national energy regulator is warning conditions surrounding the country’s power crisis are still “dynamic”. 7NEWS Look my naked photo ❤️😘 Yes it is dynamic just listened to abc Melbourne Phil Clarke night life and what an eye opener, talk about corruption in Russia boy could those boys learn a thing or two from our energy companies. I can’t believe our governments are allowing energy companies to do this to us.
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