Page 35 - Daniel Westerman News Today

The Australian Energy Market Operator said the markets have become "impossible" to operate amid surging coal and gas prices.

Australia’s key power market suspended spot trading as it attempts to ease an electricity crunch that has been worsened by some plants withholding supply after the introduction of price caps. The Australian Energy Market Operator (AEMO) said it was taking the action after some generators failed to respond to requests to fire up shuttered units and help add more supply to the national grid. Outages at coal-fired power plants, reduced renewable generation and a cold-weather snap have put Austral...

In current situation, suspending spot market for wholesale electricity is ‘best way to ensure reliable supply of electricity,’ says CEO.

The regulator is ordering generators back into the market to avoid blackouts

WATCH LIVE: PM to speak; federal, NSW energy ministers confident blackouts avoidable in the immediate future; David Pocock becomes ACT’s first independent senator. Follow updates here.

Head of the Australian Energy Market Operator has tempered expectations about the role of offshore wind in the country’s energy mix, as Australia follows other parts of the world in ramping up the sector.

Authorities estimate 120GW of green energy will be needed by 2050 as the first new transmission project in 30 years runs into protests from farmers

Gas producers say government intervention in the east coast gas market will not address the real problem in energy supply.

Australia’s chief energy advisor is briefing ministers about reforms needed to tackle rising power bills and bring more renewables onto the grid.

Just how quickly coal power plants can be switched off, and whether a demerged or integrated AGL is best placed to shut them, is up for debate.