Australia's electricity spot market suspended by operator to secure supplies | ABC News

The Australian Energy Market Operator (AEMO) has taken the extraordinary step of suspending the spot market for wholesale electricity across the country.
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The electricity sector has been dealing with soaring costs, forcing AEMO to cap prices and compel generators to offer their services.
AEMO has now suspended the spot market entirely across the National Electricity Market — which includes Queensland, Victoria, South Australia, NSW and the ACT — saying it is impossible to ensure reliable electricity supply under the current circumstances.

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