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20/06/24

11:33

Post #: 74406024
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Originally posted by daicosisgod: ↑

More fact.

Hot off the press from AEMO as justed reported in The Australian.

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AEMO warns of east coast gas shortage

PERRY WILLIAMS
Australia's east coast faces the fresh risk of gas shortfalls after the market operator warned of low supplies, a new concern for households and big users amid a cold winter crunch.
"The supply of gas in all or part of the east coast gas system may be inadequate to meet demand," the Australian Energy Market Operator said in a notice sent to the gas industry on Wednesday.
Sources said the market operator was convening a phone hook up with gas players on Thursday to discuss the unfolding scenario.
The situation has been triggered by the depletion of southern storage inventories, including the large Iona gas storage facility in Victoria, along with constrained production from the state's Longford gas plant.
"Reduced storage facility capacity may pose a risk to gas supply adequacy in southern jurisdictions on peak demand days during the winter peak demand period through to 30 September 2024," AEMO noted.
An industry response could include Queensland producers and shippers delivering gas to users in the southern states.
The market operator warned in March that gas generators may be forced to burn diesel to keep the power grid running after authorities warned that states face a catastrophic supply shortfall from next year unless new sources of supply are developed.

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This gas shortage has been coming for more than a decade.

Of all the gas that Australia produces, 4/5ths of it is exported .

There is no actual gas shortage in Australia. There is only a policy failure from governments failure both state and federal . More than a decade of policy failure by both major parties.
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