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Energy Business
Kent Knutson
Kent Knutson
Top Contributor
 · Posted in Energy Business

Australian Energy Crisis Prompts Suspension of National Electricity Market

New market design?

This is a thought-provoking article written by POWER magazine's Sonal Patel covering the recent indefinite suspension of the Australian Energy Market Operator (AEMO)'s spot markets. Power generation supply shortfalls and existing market price caps are cited as two of the key reasons behind the move. AEMO operates the competitive market serving New South Wales, Queensland, South Australia, Victoria, and Tasmania. The spot market suspensions stem from unprecedented market volatility.