Australia’s energy crisis explained: from price caps to the suspension of electricity trading

How the Ukraine war, ageing coal, Covid restrictions and winter combined to create the ‘perfect storm’ in the power market

An energy crisis in Australia has seen prices spike and supply issues plague much of the country’s east. The federal energy minister, Chris Bowen, claims the previous Coalition government left behind a “bin fire” that meant Australia was “ill-prepared … for the challenges we are facing today”.

But the Coalition has tried to blame the new and “inexperienced” Labor government. What’s actually causing the crisis and what can governments do about it?

Sign up to receive an email with the top stories from Guardian Australia every morning

Continue reading…

(SOURCE) https://www.theguardian.com/australia-news/2022/jun/15/australias-energy-crisis-explained-from-price-caps-to-the-suspension-of-electricity-trading

Share:


Related Posts

Mini forest and ‘green tower’ plans among first to meet London’s new green guidelines

Developers will consider contribution to environment using Urban Greening Factor formula Swede dreams:...

Granting of coal mining licence in south Wales faces court challenge

Coal Action Network threatens legal action against decision to permit expansion of Aberpergwm...

Leave a Comment

Your email address will not be published. Required fields are marked *

Add Comment *

Name *

Email *

Website