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Re: hap0206 post# 417005

Friday, 06/17/2022 4:33:14 PM

Friday, June 17, 2022 4:33:14 PM

Post# of 575725
hap, Silly non-equivalence by you. Australia's national energy regulator steps in as generator operators were manipulating the market.

"[...]Worked good in Russia, Cuba, everywhere -- wow"

National electricity market suspended as NSW residents told to conserve power to reduce blackout risk

Australian Energy Market Operator suspends spot market after it became ‘impossible to operate’ amid projected energy shortfalls



The Australian Energy Market Operator has suspended the spot market for wholesale
electricity as the power crisis worsens. Photograph: robertharding/Alamy

Peter Hannam Economics correspondent
Wed 15 Jun 2022 18.54 AEST

[...]

“It is disappointing that energy generators were potentially gaming the system and not utilising the options available to them – this behaviour is unacceptable and will be investigated,” D’Ambrosio said.

https://www.theguardian.com/australia-news/2022/jun/15/electricity-trading-suspended-as-energy-supply-crisis-deepens-across-australias-east-coast

See the diplomatic language in that. They were cutting supply to force government
to direct them to generate more. With that direction they would be paid more.

It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”

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