Keeping the lights on: retailers front emerging “energy crisis”
The state of the national electricity market (NEM) has been a hot topic of discussion among policy makers and the media in recent weeks after several high profile power outages in South Australia foreshadowed increasing prices across the country.
Commentary came to a head late last week when Prime Minister Malcolm Turnbull declared the need for urgent consultation with businesses to avert an east coast “energy crisis”, after an Australian Energy Market Operator’s (AEMO) report warned of a shortfall of gas-fired electricity by as early as next summer.
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