MELBOURNE, June 15 (Reuters) - Australia's energy market operator took the unprecedented step on Wednesday of suspending the electricity spot market across eastern Australia to ensure it can secure a reliable supply of electricity, amid a string of outages at coal-fired plants.
"The situation in recent days has posed challenges to the entire energy industry, and suspending the market would simplify operations during the significant outages across the energy supply chain," Australian Energy Market Operator (AEMO) Chief Executive Daniel Westerman said in a statement.
The market, which normally trades in five-minute intervals, was suspended at 0405 GMT, AEMO said.
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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9.850 | 5081 | 3 |
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