https://www.copyright link/news/aem...e-shortfalls-from-winter-2024-20190327-h1cv4y
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The east coast gas market faces tight supply from 2021 and shortfalls from winter 2024 if more is not done to replace rapidly declining output from Bass Strait, the Australian Energy Market Operator says.
AEMO says in its Gas Statement of Opportunities (GSOO) and Victorian Gas Planning (VPGR) reports that recent efforts by industry and government to ease gas supply constraints that emerged in 2017 have ensured adequate supply in south eastern Australia until 2023.
But the market body says supply will be tight from 2021 to 2023 and cold weather or the increasingly frequent failures from ageing coal generators may exacerbate the situation by ramping up the electricity market's demand for gas.
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