The national electricity market has been suspended as the market operator says it has become 'impossible' to operate within the rules.
The national electricity market has been suspended as the market operator says it has become "impossible" to operate within the rules.
"It has become impossible to operate the spot market in accordance with the provisions of the rules," the operator said.It is understood to be the first suspension in the history of the national energy market, which began in 1998, and means the operator will take control of directing supplies from energy generators to the east coast power grid.
Earlier, energy Minister Chris Bowen said he was pleased significant load-shedding events and blackouts had been avoided so far, as a cold snap, the temporary shutdown of some coal-fired power station units and high gas prices have stretched the system.
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