Australia's energy market operator signals market suspension could end soon

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The 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:

Diego Fedele

The market operator said the current state of the energy market remained dynamic and that the body may be required to force generators to meet demand. "I've maximised [the Australian Competition and Consumer Commission's ] monitoring of this really crucial market because we want to make sure that if there's dodgy behaviour going on, we know about it and we can crack down on it," Dr Chalmers told reporters in Brisbane.The ACCC will make recommendations to the government on further steps that could be taken to address operator pricing.

The discussion comes as Australia's first community-owned electricity retailer has fallen victim to the energy crisis.

 

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