Premier Jay Weatherill announces drastic measures for the state to take control of its energy sources, saying Australia’s energy market is ‘failing the nation’

• South Australia’s energy plan – as it happened

The South Australian government has announced it will intervene in the national energy market in a $550m plan that seeks to tame the state’s turbulent power supply and prices.

Launching the plan, the premier, Jay Weatherill, said it was “clear the national energy market is failing the nation, as well as South Australia. And this is pretty extraordinary given we are a country that has an abundance of solar, wind and gas resources. For a country of that sort to be facing an energy crisis is a disgrace.”

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