MARKETS

Biggest market-related energy lawsuit ever in Australia

QUEENSLAND energy generators Stanwell Corporation and CS Energy are facing a lawsuit brought by 40,000 industrial and retail consumers accusing the companies of gross misconduct and gaming the energy market to spike prices.

Biggest market-related energy lawsuit ever in Australia

  Stanwell Corp and CS Energy, which are both government-owned providers, control about 70% of the electricity dispatched through Queensland's share of the National Energy Market.  Documents filed...

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