Tag: Australian Energy Market Operator

Australian Energy Minister Warns of Challenging Times Ahead

Energy Minister Chris Bowen says Australians will need to brace for a rough couple of months as the country’s energy producers struggle to maintain enough supply for the its electricity and gas needs. Australians in Queensland and New South Wales narrowly averted widespread blackouts due to the energy shortage on June 13. Power availability in…


Australian Energy Minister Gives Assurance as Electricity Blackouts Occur

Australian Energy Minister Chris Bowen has said that the country’s energy grid can be sheltered from further blackouts and load shedding as New South Wales and Queensland just experienced brief shortfalls in electricity supply. Although the energy shortages were lifted overnight, Bowen said the upcoming months would be a challenging period. Power availability in the…


Australian Government to Grant Regulators More Powers to Tackle Energy Crisis

Australian energy ministers at state and federal levels have agreed to strengthen the powers of energy regulators and allow the market operator to obtain and store gas supplies to curb the energy crisis. Federal Energy Minister Chris Bowen convened a meeting with his state and territory counterparts on June 8, in which they put forward…


Aussie Energy Firm Tells Customers to Look Elsewhere for Better Deals, Warns Prices Could Double

Independent energy retailer, ReAmped Energy in Brisbane, has taken the extraordinary step of suggesting its customer’s shop around for better deals warning they could be paying twice as much on their next power bill. CEO Luke Blincoe said the energy market was “incredibly volatile” and that his company could not guarantee competitive prices in the…


Victoria’s Electricity Supply Not Affected by Power Station Fire: AEMO

Australian Energy Market Operator (AEMO) has confirmed that Victoria still has enough power supply to meet demand after a fire caused the Yallourn Power Station to slash its generation capacity. A small fire broke out in one of the coal storage facilities at Victoria’s largest power station in the Latrobe Valley at about 6.30 a.m….