/ 21 June 2024

Gas supply freezing up


Back home, the cold snap hasn’t just frozen our bones, it’s threatening to create a shortfall in Australia’s gas supply, the energy market regulator has said. The Australian Energy Market Operator (AEMO) has warned of a dwindling supply of gas on Australia’s east coast due to the recent cold snap, lower levels of renewable energy and supply disruptions. It means Victoria, NSW and South Australia are now relying on gas supplies from Queensland for the rest of winter and reports say a shortfall could force temporary shutdowns in some manufacturing sectors. The warning comes a day after the Coalition reignited the national energy debate with a proposal for 7 nuclear power plants to provide an alternative power source. A spokeswoman for Energy Minister Chris Bowen said the risk was being handled. “AEMO and the market are taking steps to ensure the risk is mitigated ahead of time,” she said. 

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