The Australian Energy Market Operator has started a staged approach to lift the suspension of the National Electricity Market, potentially as early as Friday morning.coal plant restarts
“We will monitor the market closely for at least 24 hours and if we see normal market behaviour again, then we will formally lift the suspension,” Mr Westerman said. In a statement released on Tuesday afternoon, AEMO said it was still having to manually direct power generators to be available to meet demand, and pointed to continuing “challenges” to manage supply and demand.
Since last week, AGL Energy and EnergyAustralia have been among generators that have brought coal power units back online after repairs.
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:
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.
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 »
Shaggy coat, big fringe a hit with hobby farmers as 'attractive' Highland cow trends in marketSince the pandemic, Highland cattle prices have gone from $400 to up to $20,000, with aficionados starting a bidding war online for the boutique breed. A breed from the Scottish Highlands. Should go well in the Australian heat. It was at the moment God saw humans demanding attractive cows, He proclaimed 'Fuck this shit, I'm out' Yummy beef 🍖 and good hide as well.
Source: abcnews - 🏆 5. / 83 Read more »
Funeral disruptor defies deadly market conditions to bank $10mPerennial Partners and Ord Minnett Private Capital have led Bare’s capital raise, with support from ex-NBA star Andrew Bogut.
Source: FinancialReview - 🏆 2. / 90 Read more »
Competition watchdog to investigate potential gaming of energy marketThe national competition watchdog will conduct an investigation into the behaviour of power companies during the electricity market crisis last week. | micksfoley NickToscano1 micksfoley NickToscano1 mmm... ok... another quasi govt organisation to investigate something... wow... no wonder people are struggling or homeless with all these organisations (tax payer funded) to examine stuff ups AFTER they happen... how about good govt structures and less of all these others.. micksfoley NickToscano1 Can guarantee they will have no adverse findings just like all the millions of $’s spent on investigating fuel prices yet zero penalties resulting micksfoley NickToscano1 Surely there is a key component in the system that's made in China so we can blame them for it.
Source: theage - 🏆 8. / 77 Read more »
Competition watchdog to investigate potential gaming of energy marketBig businesses are warning a clean energy plan where states decide the fate of fossil fuels in their jurisdictions will hit industry with added costs and rules. micksfoley NickToscano1 Derr… Blind Freddy knows the energy market is gamed 😂 micksfoley NickToscano1 and WHO wrote the contracts.........? micksfoley NickToscano1 The corporate world can cheat citizens out of their money,but those living in poverty are imprisoned for petty theft to survive,something is seriously wrong with our two sets of laws and values.
Source: smh - 🏆 6. / 80 Read more »
Child genius turned trader makes $10.7m debut on prestige marketEbon Bokody passed his HSC advanced maths exam at 13, but waited until he was 34 to debut on Sydney’s prestige property market.
Source: brisbanetimes - 🏆 13. / 67 Read more »