It's been a turbulent week for Australia's energy market. What's happening with the blackout threat?

  • 📰 abcnews
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 83%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Australia's energy operator made a massive move on Wednesday, and that's keeping blackouts at bay — for now. So how did we get here? And what's coming next?

"The energy regulator has our full support in monitoring all behaviour," he said.CEO Sarah McNamara says electricity generators have been cooperative during the crisis.

"Things will ease a bit once we get some of those generation units back online that have been out for essential maintenance purposes," Ms McNamara said. "It really is a day to day situation, but I think residential consumers shouldn't be concerned overly.""It's not about the energy not being there, it's about too much of it being suctioned out of our domestic east-coast market off to export," he said.

"I would be arguing we do need a carbon-export super-tax right now as a big stick to smash these multinational companies.Yes, while the spot market is suspended there won't be blackouts, AEMO's boss has said.tight conditionsAnd he is still asking people to do things like postpone putting on the dishwasher and washing machine until later in the night.There are calls for an independent inquiry after the crisis.

Ms Bowyer said it should examine the power generators' confidential contracts to see how much they're paying for raw materials like coal."This whole thing is just showing that coal-fired and gas-fired electricity is so expensive."to generate, far below a $300 cap, would protect the nation against "volatile international coal and gas prices."Posted

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:

 /  🏆 5. in ZA
 

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

We need a battery led revolution 🙄😬

Time to start having an informed, mature and genuine debate about nuclear energy.

Wind engineers have got this covered.

All these idiot's can go cold for voting for unreliable energy. Wind turbines aren't even connected to the grid and surprise, solar sucks in winter.

Is it really a blackout threat, I would call it a blackout warning?

What happened in part is acccgovau & aergovau have let energy producers to do what they like with spot market & power grid AEMO & govt realise that regulatory failure by those agencies has left the system & its customers at risk Maybe time for an inquiry into why they failed

FACT there is NO gas/coal shortages in Australia, one of the biggest suppliers in the world. Bring the CEOs to Canberra and TELL them to fix it, plenty of domestic supply at a fair price OR the government will FIX IT A Norway tax 78%.....It works there

Funny….the ABC wondering about electricity shortages after championing the cessation of coal fired power in Australia. Truly pathetic!

it is pronounced - GreenOut

There is no Gas, Coal or Energy shortage. Only greed by Energy Companies.

South Africa South Africa Latest News, South Africa South Africa Headlines