Australian power station fire will not worsen energy crisis: Market operator

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 66%

South Africa News News

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

SYDNEY: A fire that ripped through a New South Wales power station on the weekend will not affect electricity supply, the Australian Energy Market Operator (AEMO) said on Sunday (Jun 19), ruling out a worsening of the energy crisis gripping the country\u0027s east. Supply has been stretched since mid-May in the

SYDNEY: A fire that ripped through a New South Wales power station on the weekend will not affect electricity supply, the Australian Energy Market Operator said on Sunday , ruling out a worsening of the energy crisis gripping the country's east.

The AEMO, which manages electricity and gas systems and markets nationwide, said on Friday there was enough electricity supply to meet forecast demand over the weekend, easing the immediate concern of potential east coast blackouts. "We would like to reassure customers in that this will not impact the electricity supply," AEMO said.

More than 10,000 litres of oil caught fire, and putting out the blaze is likely to take several days, news website Nine said.New South Wales Treasurer Matt Kean said conditions in the energy market were looking strong after another power generator came back online on Saturday night.

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:

 /  🏆 6. in ZA
 

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

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

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

HKMA buys HK$12.8 billion from market as currency hits weak end of trading bandHONG KONG : Hong Kong's de-facto central bank bought HK$12.819 billion ($1.63 billion) from the market in New York trading hours to stop the local currency weakening and breaking its peg to the U.S. dollar.The Hong Kong dollar is pegged to a tight band of between 7.75 and 7.85 versus the U.S. dollar.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Private equity industry faces 'perfect storm' as market turmoil bitesBERLIN : Private equity investors gathered in Berlin at their annual get-together are fretting a season of record buyouts is drawing to a close after a week of market turmoil and recession fears as central banks across Europe have hiked interest rates.Cash-rich buyout funds are set to face higher financin
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

'That's my salary': Pek Kio Market toilet caretaker on why paying 20 cents entrance fee mattersIf you've been grumbling about or trying to sneak into the public toilet to avoid paying that entrance fee, now might be a good time to just pay up. While some may scoff at the notion of an entrance fee, for Kumar it is his livelihood. Kumar is a toilet caretaker at Pek Kio Market & Food Centre and in...
Source: asiaonecom - 🏆 10. / 59 Read more »