Australian Energy Market Operator CEO Daniel Westerman has announced a “staged approach” to the resumption of the national electricity market’s wholesale trading.
“The first step will take place at the end of the trading day today and at 4 am tomorrow morning when we will allow the market to set the price again,” Mr Westerman said. “The second step will happen 24 hours after that; we will be able to formulate the market suspension. “By removing these conditions, we hope that the market will return to bidding and dispatch situation – allowing the market to operate without major AEMO interventions and manual management of generation.”
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