The Australian Energy Market Operator (AEMO) today announced the activation of a staged approach to lift the suspension of the National Energy Market (NEM). Seven days since the market operator (AEMO) took the decision to suspend the NEM, it has seen a clear improvement in market conditions. This includes 4,000 MW of generation returning from outages. In making the announcement, AEMO CEO Daniel Westerman said the operator would take a staged approach to lifting the market suspension. "The first step is that at 4am tomorrow, we will allow the market to set the price again," Mr Westerman said. "The second step ... (full story)