National Energy Market

The suspension of the national electricity market points to the need to learn from the past. The whole idea of having an energy market for a commodity that everyone needs is a scam, argues Pip Hinman.

Power is gradually returning to South Australia after wild storms blew across the state last night, but some areas could be offline for days. The storm — associated with heavy rain, lightning, and severe winds — damaged transmission lines that carry electricity from power generators to people, causing a state-wide blackout.

South Australian premier Jay Weatherill told ABC radio “the system operated as it was meant to operate”.

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