Blog Post

Threat of power disruptions, energy price-hikes spook processors

RED meat processors were on tenterhooks yesterday over warnings of an electricity shortage creating power disruptions.

Possible outages have been predicted again for tonight, with consumers in Queensland and New South Wales warned to minimise their electricity consumption. The shortage has come after the Australian Energy and Market Operator (AEMO), which manages the national electricity network, put a $300 per megawatt hour price cap on generators, with some of them subsequently reducing their availability.

“This has contributed to forecast supply shortfalls, along with generation…

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