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Australian power station fire will not worsen energy crisis, market operator says

June 19, 2022
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Australian power station fire will not worsen energy crisis, market operator says
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The Liddell coal-fired energy station is pictured within the Hunter Valley, north of Sydney, Australia, April 9, 2017. REUTERS/Jason Reed/File Picture/File Picture

SYDNEY, June 19 (Reuters) – A hearth that ripped by a New South Wales energy station on the weekend is not going to have an effect on electrical energy provide, the Australian Power Market Operator (AEMO) mentioned on Sunday, ruling out a worsening of the vitality disaster gripping the nation’s east.

Provide has been stretched since mid-Could within the closely populated east, with about 25% of 23,000 megawatt (MW) of coal-fired capability taken offline for upkeep or unplanned outages. Coal provide disruptions and surging world costs of coal and fuel have exacerbated the state of affairs. learn extra

The AEMO, which manages electrical energy and fuel techniques and markets nationwide, mentioned on Friday there was sufficient electrical energy provide to satisfy forecast demand over the weekend, easing the fast concern of potential east coast blackouts. learn extra

Late on Saturday, the company mentioned on Twitter it was conscious of a “substation fireplace” on the Tallawarra energy station, at Yallah, a suburb of Wollongong, a metropolis about 80 km (50 miles) south of Sydney, however mentioned the blaze was not anticipated to additional pressure energy provide.

“We wish to reassure clients in (New South Wales) that this is not going to affect the electrical energy provide,” AEMO mentioned.

The blaze resulted from mechanical failure in a redundant transformer, fireplace authorities mentioned, with greater than 60 firefighters working to carry it below management.

Greater than 10,000 litres (2,600 gallons) of oil caught fireplace, and placing out the blaze is more likely to take a number of days, information web site 9 mentioned.

See also  5 things to know before the stock market opens Wednesday, June 22

New South Wales Treasurer Matt Kean mentioned situations within the vitality market had been wanting sturdy after one other energy generator got here again on-line on Saturday evening.

“There may be greater than sufficient provide to satisfy demand for the foreseeable future, and that is the recommendation of the AEMO,” Kean informed reporters in Sydney on Sunday.

On Wednesday, the AEMO suspended the nationwide electrical energy market, taking management of provide and pricing in an unprecedented step backed by Prime Minister Anthony Albanese, who mentioned it was wanted to curb “gaming” of the system.

Since then, coal-fired turbines have introduced 1,900 MW of capability again on line, the Australian Power Council has mentioned, decreasing blackout dangers.

Reporting by Samuel McKeith in Sydney; Modifying by William Mallard and Clarence Fernandez

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Tags: AustralianCrisisEnergyFiremarketoperatorPowerStationworsen
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