Improvements included 4000MW of generation returning to the grid after outages.
“We know many generators are working hard and closely with governments to improve the confidence of their fuel supply, to ensure that they are able to operate at their desired level of output.”
“Risks remain in the system and I know AEMO remains vigilant about what needs to be cared for in the coming days.”
Renewables key to long-term future
“Clearly, our policy of introducing more renewables into the system will reduce power prices. That was the case before the election and it remains the case now. It makes our agenda so important, more important now than ever before,” Mr Bowen said.
The ACCC has been given additional powers by the federal government to monitor energy pricing.