Australia’s energy market operator says it will lift its suspension of the country’s main wholesale electricity market

Australia’s energy market operator says it will lift its suspension of the country’s main wholesale electricity market tomorrow before a final decision is made as its power crisis eases.

In a shocking move last week, it suspended trading on the platform following a surge in prices,

Officials also urged people in the state of New South Wales to conserve power over concerns about shortages.

In a statement yesterday, the Australian Energy Market Operator AEMO said it had seen a clear improvement in market conditions and that it would resume trading from 04:00 in Sydney on Thursday