@SkyPunter Thanks I read this as the 2025-26 gas shortage in WA...

@SkyPunter Thanks I read this as the 2025-26 gas shortage in WA in all likely hood will be brought forward by 12 months.

If you want a look at WA energy future with excessive government intervention and price caps look East in July 2022.

"National electricity market suspended as NSW residents told to conserve power to reduce blackout risk" by Peter Hannam of the Guardian

The Federation & Eastern States will have no incentive to explore or develop anything. The Energy profits windfall delivered by Russia-Ukraine conflict was short lived.Now energy companies are forced to accept less margin or go negative is hard business model.

On 15th of July 2022 - NSW was told to stop using electricity as normal from 5.30 pm to 8.30 pm ..The energy using lighting spectacular Vivid in Sydney continued.The NSW energy minister wanted people to do their electric dish washing later in the evening.

Basically a coal fired plant in maintenance took longer to come online and the Gas operators had no incentive to fill the power shortfall.

Quoting from the article
"The imposition of price caps across the market starting from last Sunday in Queensland – as required under the rules once spot prices exceeded a set threshold – was a key reason the market broke down, said Dylan McConnell, an energy expert at the University of Melbourne.“If not for those price caps, we wouldn’t be here now,” McConnell said.The cap set at $300MWh to protect consumers was less than the cost of generation for some plants.As a result, there was a “runaway” process of ever more suppliers pulling out of the market only to then be instructed to provide power by the regulators, he said. “That feedback loop really escalated in the past 48 hours.”

https://@@@.theguardian.com/australia-news/2022/jun/15/electricity-trading-suspended-as-energy-supply-crisis-deepens-across-australias-east-coast about a 15minute read if you are interested