Australian power market operator says fire won't worsen energy crisis
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard

Wednesday
August 10, 2022

Sign In
Subscribe
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
WEDNESDAY, AUGUST 10, 2022
Australian power market operator says fire won't worsen energy crisis

World+Biz

Reuters
19 June, 2022, 09:05 am
Last modified: 19 June, 2022, 09:10 am

Related News

  • IPS out of stock as load shedding persists
  • Germany to give 80m euros for renewable electricity
  • Australia's central bank hikes rates, says policy not on pre-set path
  • Aboriginal MP blasts 'colonising' queen in oath of office
  • M Allama Siddiki becomes new High Commissioner of Bangladesh to Australia

Australian power market operator says fire won't worsen energy crisis

Reuters
19 June, 2022, 09:05 am
Last modified: 19 June, 2022, 09:10 am
Representational image/ Courtesy
Representational image/ Courtesy

The Australian Energy Market Operator (AEMO) said a fire that ripped through a New South Wales power station on Saturday will not affect electricity supply, already snarled by an energy crisis in the country's east.

Power supply in Australia's heavily populated east has been stretched since mid-May as around 25% of the market's 23,000 megawatt (MW) of coal-fired capacity has been offline for maintenance or unplanned outages. The situation has been exacerbated by coal supply disruptions and surging global coal and gas prices. 

AEMO, which manages electricity and gas systems and markets across Australia, said on Friday there was enough electricity supply to meet forecast demand over the weekend, easing the immediate concern of potential east-coast blackouts.

Late on Saturday, the agency said on Twitter it was aware of a "substation fire" at the Tallawarra power station, at Yallah, a suburb of Wollongong, a city about 80 km (50 miles) south of Sydney, but said the blaze was not expected to further strain power supply.

"We would like to reassure customers in (New South Wales) that this will not impact the electricity supply," AEMO said.

The blaze resulted from mechanical failure in a redundant transformer, fire authorities said, with more than 60 firefighters working to bring it under control.

More than 10,000 litres (2,600 gallons) of oil caught fire, and it would likely take several days to extinguish the fire, news website Nine reported.

On Wednesday, AEMO suspended the national electricity market, taking control over power supply and pricing, an unprecedented step backed by Prime Minister Anthony Albanese, who said it was needed to curb "gaming" of the system.

Since then, coal-fired generators have brought 1,900 MW of capacity back on line, the Australian Energy Council has said, reducing blackout risks.

australia / power crisis

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • This won’t last forever.Photographer: Stefani Reynolds/AFP/Getty Images via Bloomberg
    Minimum wages are going up. Jobs may disappear
  •  A Rohingya camp in Cox’s Bazar, Bangladesh, November 16, 2018. Photo: Reuters/Mohammad Ponir Hossain
    Two Rohingya leaders shot dead in Ukhiya
  • Former U.S. President Donald Trump arrives at Trump Tower the day after FBI agents raided his Mar-a-Lago Palm Beach home, in New York City, U.S., August 9, 2022. REUTERS/David 'Dee' Delgado
    Trump uses FBI search of his Mar-a-Lago home to solicit campaign donations

MOST VIEWED

  • A lightning strikes through smoke from fuel storage tanks that exploded near Cuba's supertanker port in Matanzas, Cuba, August 8, 2022. REUTERS/Alexandre Meneghini
    Cuba brings oil depot fire under control, worst in island's history
  • Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB) gasoline, CARB diesel fuel, and other petroleum products, in Carson, California, US, March 11, 2022. Picture taken with a drone. REUTERS/Bing Guan/File Photo
    Oil slips as US crude stockpiles rise
  • Gasoline prices are displayed at an Exxon gas station behind American flag in Edgewater, New Jersey, U.S., June 14, 2022. REUTERS/Mike Segar
    US oil refiners, pipeline companies expect strong demand for rest of 2022
  • Mock-up vials labeled "Monkeypox vaccine" are seen in this illustration taken, May 25, 2022. REUTERS/Dado Ruvic/Illustration
    US allows alternate monkeypox vaccine injection method to boost supply
  • Alex Jones steps outside of the Travis County Courthouse, to do interviews with media after he was questioned under oath about text messages and emails by lawyer Mark Bankston, in Austin, Texas, U.S. August 3, 2022. Briana Sanchez/Pool via REUTERS/File Photo
    Alex Jones' Sandy Hook punitive damages likely to be slashed
  • Photo: Collected
    Gas crisis takes toll on a 200-year-old aluminum foundry in Germany

Related News

  • IPS out of stock as load shedding persists
  • Germany to give 80m euros for renewable electricity
  • Australia's central bank hikes rates, says policy not on pre-set path
  • Aboriginal MP blasts 'colonising' queen in oath of office
  • M Allama Siddiki becomes new High Commissioner of Bangladesh to Australia

Features

The elevated ground is made out of soil on which grass and trees have grown. This grass-covered elevated ground extends to the perimeter of the establishment. Photo: Maruf Raihan

Aman Mosque: Where form and function complement each other

23h | Habitat
Photo: BSS

Begum Fazilatunnessa Mujib . . . woman of moral power

1d | Thoughts
Will Glass Cosmetics be your next skincare holy grail?

Will Glass Cosmetics be your next skincare holy grail?

1d | Brands
Akij Tableware: More than just dishes on a table

Akij Tableware: More than just dishes on a table

1d | Brands

More Videos from TBS

Why Donald Trump buried ex-wife Ivana at a golf course

Why Donald Trump buried ex-wife Ivana at a golf course

13h | Videos
In absence of groom, his brother stands by the bride

In absence of groom, his brother stands by the bride

16h | Videos
Tajia procession of Muharram

Tajia procession of Muharram

16h | Videos
Importance of Ashura in Islam

Importance of Ashura in Islam

18h | Videos

Most Read

1
Dollar crisis: BB orders removal of 6 banks’ treasury chiefs 
Banking

Dollar crisis: BB orders removal of 6 banks’ treasury chiefs 

2
Diesel price hiked by Tk34 per litre, Octane by Tk46
Energy

Diesel price hiked by Tk34 per litre, Octane by Tk46

3
Housing projects sprouting up by Dhaka-Mawa expressway
Real Estate

Housing projects sprouting up by Dhaka-Mawa expressway

4
Infographic: TBS
Banking

Dollar rate will be left to market after two months: Governor

5
Photo: Collected
Transport

Will Tokyo’s traffic model solve Dhaka’s gridlocks?

6
Bangladesh to resume talks for Ukrainian wheat import
Economy

Bangladesh to resume talks for Ukrainian wheat import

EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2022
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]