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yesterday — but they didn't happen overnight. Why? The Australian Energy Market Operator used its powers to direct electricity generators to avoid shortfalls.
And it's all come about after anGiles Parkinson"All of the electricity market, and the fossil fuel generators in particular, are saying we need new subsidies such as a capacity [mechanism] because, if we don't, thenYet, here they are putting the risk of us going out because they want more money, not because the machines don't work. It's an extraordinary act of
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