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.
National Energy Market
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”.