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The NSW energy market quietly melted down this month. For some, it's a glimpse of the future

www.abc.net.au The NSW energy market quietly melted down this month. For some, it's a glimpse of the future

It passed largely unnoticed, but a NSW energy market meltdown has sparked warnings the energy transition is veering off the road.

The NSW energy market quietly melted down this month. For some, it's a glimpse of the future
  • In short: A meltdown in the NSW electricity market has prompted warnings that Australia's energy transition is off course.
  • Sustained extraordinary costs earlier in the month forced the market operator to step in and cap prices in NSW.
  • What's next? A huge NSW coal plant will be kept online longer but there are worries about a shortage of new capacity.
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