The Latest Breaking News from AEMO

Australian Energy Market Operator says situation has improved ‘markedly’ since Wednesday when entire market was suspended

NSW Energy Minister Matt Kean says the temporary powers are part of a "toolkit" in case he needs to act to secure the state's energy supply.

The Prime Minister says gas generators were "gaming" the energy crisis for profit, as he looks to rewrite the rules on how the market operates.

MORNING BRIEFING: The powers, which the NSW Governor granted to Matt Kean on Thursday night, are understand to have been sought as a "precautionary measure" to ensure the state's electricity supply.

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

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

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.

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

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…

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?

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.