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The Latest Breaking News from AEMO

Energy supply sufficient for weekend: AEMO

Supply issues facing Australia's electricity market have improved, with the market operator saying demand will be able to be met this weekend.

AAP

No quick solutions to energy crisis: PM

Prime Minister Anthony Albanese says there’s no easy fix to the country’s energy crisis, ahead of his meeting with state and territory leaders on Friday.

Crikey

Energy markets tipped to return to normal as NSW granted emergency powers to secure coal supplies

End of cold snap and return of more coal-fired power plants to ease pressure that caused national electricity market suspension

The Guardian - AU

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South Australian manufacturer InterCast and Forge forced to turn off lights and stand down staff after energy market 'failure'

A South Australian manufacturing business reliant on wholesale electricity labels the national electricity market a "failure" after standing down 170 employees due to unaffordable operating costs.

ABC News

The Loop: Electricity issues persist, markets brace for higher interest rates, and a first look at Ryan Gosling as Barbie's boyfriend Ken

Get up to speed on today's headlines with The Loop.

ABC News

Want a solution for the energy crisis gripping Australia's east? Look west

You can thank Margaret Thatcher for the gas supply crunch Australia’s east coast has been plunged into. As UK prime minister, Thatcher led the charge to kick the government out of the economy and allow the market to rule. In Australia, governments took up the idea with enthusiasm through deregulation…

The Conversation

After a turbulent week, what's next in Australia's east coast power crisis? And what's happening with the blackout threat?

Australia's energy operator made a massive move on Wednesday, and that's keeping blackouts at bay — for now. So how did we get here? And what's coming next?

ABC News

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A market not worthy of the name: state capture to blame for energy crisis

Having gained massive power through political influence, fossil fuel companies decided to abuse that power to the point where the electricity market broke down.

Crikey

Energy market intervention will last 'as long as it needs to', Chris Bowen says

Energy Minister Chris Bowen says the government fully backs the unprecedented energy market takeover by the regulator, adding there is no time line on how long it will last.

ABC News

Power to the people

Good morning, early birds. In a move to control electricity prices and shortages the Australian Energy Market Operator has switched off the market and taken control, and Victoria and NSW plan to introduce an extra year of schooling. It’s the news you need to know, with Emma Elsworthy.

Crikey

As the eastern states face an energy crisis, Victoria may be in a slightly better position. Here's why

Experts say the state's brown coal reserves could provide a "safety net", but ageing power plants and instability from the interconnected national energy market may still pose a threat.

ABC News

What is the spot market for wholesale electricity, and how will AEMO’s decision to suspend it affect consumers?

After days of power uncertainty, the Australian Energy Market Operator yesterday declared it was suspending the spot market for electricity. So what does that mean for ordinary Australians?

ABC News

Supply tight, but blackouts likely avoided

Anthony Albanese's government is monitoring the energy situation closely to determine what changes need to be made to improve how the market operates.

AAP

AEMO suspension puts consumers first: ALP

Chris Bowen says the decision by the Australian Energy Market Operator operator to suspend the electricity market was in the best interests of consumers.

Crikey

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The New Daily

AEMO has taken over the national energy market. Here’s what that means

Australia's energy crisis reached a high point on Wednesday when AEMO suspended the national electricity market to control runaway prices.

The Conversation

Australia's National Electricity Market was just suspended. Here's why and what happens next

Australia’s energy market operator has just suspended the National Electricity market. That means instead of the price for wholesale electricity being set competitively, the market operator (AEMO) sets fixed prices and will take a greater role in directing which power stations generate energy and when.

AAP

'Get through tonight': NSW to save energy

A number of NSW coal-fired power stations remain offline and residents of NSW will need to conserve power so the state can get through the night.

ABC News

The Loop: Wages to rise for millions of Aussies, authorities try to secure electricity supplies, and RIP Internet Explorer

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Newcastle Herald

Regulator takes control of power system, suspending national market

"It has become impossible to operate the spot market in accordance with the provisions of the rules," the operator said.

The Guardian - AU

National electricity market suspended as NSW residents told to conserve power to reduce blackout risk

Australian Energy Market Operator suspends spot market after it became ‘impossible to operate’ amid projected energy shortfalls

ABC News

Australian Energy Market Operator suspends spot market for wholesale electricity to ensure reliability and avoid blackouts

The electricity market operator takes the extraordinary step of suspending the spot market for wholesale electricity. AEMO chief executive Daniel Westerman says suspending the market will simplify operations of the electricity market.

ABC News

SA Energy Minister Tom Koutsantonis says blackouts unlikely, but system is broken

South Australia's energy minister says the national energy market is "broken" but it's "unlikely" the state will suffer any blackouts after warnings of power uncertainty across Australia.

ABC News

When facing a potential power blackout, who decides when the electricity goes off and to which areas?

When the demand for electricity is set to exceed supply, power can be cut to some areas in a process known as load shedding. Here is what you need to know to get you up to speed.

AAP

Queenslanders dodge electricity outages

Queenslanders have avoided power outages as the federal energy regulator takes control of the wholesale national supply market.

The Guardian - AU

NSW residents urged to conserve power – as it happened

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