The market operator will apply a set price for the five states in the NEM, compensating the generators who bid into the market during the suspension price period.
It followed AEMO being forced to direct five gigawatts of generation through direct intervention on Tuesday and finding it was no longer able to operate the spot market or power system in this way.AEMO has assured the federal government there will be enough power to avoid load-shedding or blackouts.
AEMO_Energy In one of the highest taxed countries and a resource rich country - how is this happening - selling our assets off .?
AEMO_Energy Yeah okay, but Vivid lights to remain on go figure! 🙄🤣
AEMO_Energy
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