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The Latest Breaking News from Australian Energy Market Operator

Australian Energy Market Operator to end its intervention in east coast market

An unprecedented intervention in Australia's east coast energy market will be gradually removed over the next day, with authorities increasingly confident in the supply of wholesale electricity.

ABC News

Is our energy supply in crisis? What's the National Electricity Market? Can it be fixed?

The National Electricity Market is in dire need of repair. How long will it take to fix? asks Gareth Hutchens.

ABC News

Eastern Australia’s power crisis eases with enough electricity to meet weekend demand

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

The Guardian - AU

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What's a grid, anyway? Making sense of the complex beast that is Australia's electricity network

News about the energy crisis engulfing Australia’s east coast seems inescapable. Terms such as “grid”, the “National Electricity Market” and “transmission” are being tossed around alongside the frightening prospect of soaring power bills – but what does it all mean?

The Conversation

Australians urged to turn off lights and appliances for two hours every evening

Main reason behind power scarcity said to be unscheduled blackouts at coal-fired power stations

The Independent UK

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

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

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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

'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.

AAP

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.

Newcastle Herald

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

The Guardian - AU

Second electricity crunch looming in Qld

The Australian Energy Market Operator is likely to again have to order Queensland electricity generators to fire up their plants to avoid blackouts.

AAP

Bowen confident blackouts to be averted

A major power crisis along the east coast has been avoided with the intervention of the regulator and cooperation of industry, Energy Minister Chris Bowen says.

AAP

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Crikey

AEMO monitoring power supply in Qld, NSW

The Australian Energy Market Operator continues to monitor power supply in Queensland and NSW after both states avoided mass blackouts overnight.

The New Daily

Bowen faces calls to slug gas companies with windfall profits tax

The Albanese government is facing renewed calls to introduce a windfall profits tax on the mostly foreign-owned gas industry.

Crikey

Qld warned of possible power outages

The Australian Energy Market Operator has issued an alert warning for possible blackouts in Queensland, saying demand for electricity may exceed supply.

AAP

Cabinet backs in energy market changes

Federal cabinet has endorsed a range of gas market measures to back decisions made by Australia's energy ministers on Wednesday.

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Crikey

Energy companies have ‘social licence’

Australia’s energy ministers have met to discuss the unfolding crisis, and have agreed to give the market operator greater powers.

The Conversation

Australian Energy Market Operator to have power to acquire gas for emergencies

The Australian Energy Market Operator will be given the power to procure and store gas for release in emergency situations.

The Conversation

Why did gas prices go from $10 a gigajoule to $800 a gigajoule? An expert on the energy crisis engulfing Australia

Australia’s east coast has been plunged into an energy crisis just as winter takes hold, which will see many people struggle to heat their homes due to soaring gas bills.

The Guardian - AU

South-east Australia risks temporary gas shortages by 2023 winter, energy review warns

Reduced production in Bass Strait and pipeline capacity limits could lead to shortfall during extreme weather, energy market operator says

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