Foreign

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

todayJune 22, 2022 1

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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

Written by: urbanradio042

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