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

Australia’s main wholesale electricity market has been suspended by regulators in the latest sign that the crisis threatening the stability of energy supplies is deepening.

The Australian Energy Market Operator (Aemo) took the drastic step of suspending the entire national electricity market for the first time in its history on Wednesday.

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(SOURCE) https://www.theguardian.com/australia-news/2022/jun/15/electricity-trading-suspended-as-energy-supply-crisis-deepens-across-australias-east-coast

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