AEMO seizes control of electricity market
The Australian Energy Market Operator has suspended the National Electricity Market for the first time and seized control of the supply of power from generators to stabilise the grid and avoid blackouts in NSW in the next few days.
After days of asking and then directing energy companies to put in more supply to ease shortages – amid claims generators did not want to run plants under the $300 a megawatt-hour price threshold – AEMO had obviously had enough.
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