Blackouts dodged as regulator demands answers from power companies

  • 📰 brisbanetimes
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 67%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Power companies have been called to an emergency meeting with the energy market regulator after it forced providers to fire up generators taken offline as fuel prices rose.

Blackouts the energy market operator flagged on Tuesday night across the east coast electricity grid did not end up happening after the operator forced power companies to fire up generators they had taken offline.their role in the current crisisPower companies have been called in for an emergency meeting with the energy market regulator for answers on why so much electricity capacity is sitting idle.

“Despite electricity shortfalls forecast in Queensland and NSW last night, AEMO successfully directed generators, which hadn’t bid into the market, to be available,” the market operator said in a statement on Tuesday night. “As such, there was sufficient electricity supplied to meet consumer demand.”

There is no law stopping power companies from withdrawing their electricity generation from the market, and in the past two days, they have reduced the volume available by 2 gigawatts in Victoria, 3 gigawatts in NSW and 1.5 gigawatts in Queensland. Energy experts have accused electricity providers of “unconscionable conduct” for withdrawing their power.

 

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

 /  🏆 13. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Blackouts dodged as regulator demands answers from power companiesBlackout warnings issued on Tuesday night across the east coast electricity grid did not end up happening because the energy market operator forced power generation companies to fire up units that had been taken offline. | micksfoley micksfoley How successful is all this? micksfoley Proving that the crisis is not one involving availability of electricity generation capacity. This is a crisis created by capitalists playing chicken with a new government they didn't choose, to see how far they can be cowed by corporate power. Labor stand your ground. micksfoley If I sold coal I’d be maximising now for sure
Source: theage - 🏆 8. / 77 Read more »

Blackouts dodged as regulator demands answers from power companiesPower companies have been called to an emergency meeting with the energy market regulator after it forced providers to fire up generators taken offline as fuel prices rose. micksfoley I can give you the reason for the energy crisis: unviable unjustified technically preposterous policies mediocre politicians and lunatic billionaires playing super Climate heroes to catch the spot light. Climate Change policies will turn Australia into a 3rd world country 🦘
Source: smh - 🏆 6. / 80 Read more »