The Australian Competition Authority green-lights temporary cooperation in the energy industry to address the crisis caused by the Russo-Ukrainian war

Interim authorisation for energy industry co-operation to address crisis* The ACCC has granted interim authorisation for a range of measures allowing participants in the gas and electricity markets to work together to support Australia’s energy supply and systems during the current crisis. An urgent application for interim authorisation was lodged by the Australian Energy Market Operator (AEMO) on Wednesday this week. The ACCC has moved quickly to consider and approve the interim application. The measure allows AEMO and industry participants to co-ordinate efforts to address issues that may impact the safety, security and reliability of Australia's energy supply during a period

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