Australian Energy Market Operator Releases Gas Outlook

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March 7, 2017
Update: Northern Gas Pipeline Receives Federal Approval
March 14, 2017

Australian Energy Market Operator Releases Gas Outlook

Australian Energy Market Operator Gas Statement of Opportunities: For Eastern and South-Eastern Australia (March 2017)

The annual Gas Statement of Opportunities Report by the AEMO has been released this week. The Report notes the growing dependence of the eastern states on gas as a key component of energy supply. The Statement highlights how decreasing production of gas will likely lead to an undersupply of gas for the domestic market by the end of 2018, destabilising the overall security of the energy system and increasing costs for consumers. To overcome this projected shortfall, the AEMO has recommended extensive planning be undertaken to ensure the security of the gas to eastern Australia.

 

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