Malcolm Turnbull has said governments should limit gas exports to ease the energy crisis in the eastern states, hours after regulators intervened to cap electricity prices in Queensland.
On Sunday night, the Australian Energy Market Operator limited Queensland wholesale prices at $300 per megawatt hour, the first time such a move has been made in Queensland, according to the Wattclarity website. Aemo said the caps were last imposed in the National Electricity Market in Victoria and South Australia in 2019.
