Peter Malinauskas says his parliament is ready to pass whatever changes are necessary to fix a “broken” National Electricity Market.
South Australian Premier Peter Malinauskas has told federal and state colleagues his parliament is pump-primed to pass whatever changes are necessary to fix a “broken” National Electricity Market.
Mr Malinauskas gave the assurance to state and territory colleagues, as well as federal Energy Minister Chris Bowen, when he was in Canberra on Friday The ACCC said on Monday it would not only investigate whether any market rules were breached, but also “provide greater transparency around the factors influencing electricity and gas prices, including profits and margins from a wide range of energy companies”.
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