Energy market
September 21, 2023
September 2023 Zembl Energy Market Update: which states are at risk for an outage?
Facing an intense heatwave, Australia's energy market is under stress. AEMO anticipates a high-risk summer with hotter conditions and unreliable coal-fired generators. The Australian Energy Market Operator's latest forecast signals an 'elevated risk' this summer, with Victoria, South Australia, New South Wales, and Queensland facing potential reliability risks. As coal plants close and we transition to renewables, delays in clean energy investments could cause further complications.