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The Times

The national electricity market is a failed 1990s experiment. It's time the grid returned to public hands

  • Written by John Quiggin, Professor, School of Economics, The University of Queensland
The national electricity market is a failed 1990s experiment. It's time the grid returned to public handsDean Lewins/AAP

A crisis, as the saying has it, combines danger and opportunity. The dangers of the current electricity crisis are obvious. The opportunity it presents is to end to the failed experiment of the national electricity market.

Having suspended the market last week, the Australian Energy Market Operator (AEMO) is now directing generators...

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