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.
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:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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 »
Electricity market suspension could end soonThe Australian Energy Market Operator has indicated it could lift the suspension of the electricity market as early as this week. Current situation with Superannuation, why did Albo not suspend trading on stockmarket? It the same thing.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
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 »
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.
Source: 7NewsAustralia - 🏆 11. / 71 Read more »