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Australian Energy Crisis Prompts Suspension of National Electricity Market

June 16, 2022 admin aemo, Australia, Business, Coal, forced outages, Fuel, full coverage, Gas, International, market incentives, Markets, national electricity market, news, Power Demand, Renewables, spot markets, wholesale markets

Credit to Author: Sonal Patel| Date: Thu, 16 Jun 2022 19:35:38 +0000

The Australian Energy Market Operator (AEMO) on June 15 indefinitely suspended spot markets in all regions of its National Electricity Market (NEM), citing critical power generation supply shortfalls that it said made it “impossible to continue” operations under national electricity rules. AEMO—the independent system operator (ISO) that operates the competitive market serving New South Wales, […]

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