broken lightbulb lying on its side

The Aussie electricity market malfunction of June 2022

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Australia’s National Electricity Market was suspended by the market operator for nine days in June 2022. For a brief period, authorities were worried there would have to be widespread blackouts to balance supply and demand.

In an episode of the Economics Explored podcast, Andrew Murdoch, Managing Director of Arche Energy, explains what went wrong in June, and he talks to show host Gene Tunny about whether it could happen again.

Are renewables coming into the system too quickly? What’s happening with batteries? Will Australia be able to cope with the retirement of coal-fired power stations? And what about all the EVs that will need charging?

These and other questions are tackled in a frank and fearless conversation.  

You can listen to the podcast here.

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