Origin Energy CEO talk on gas at CEDA Summit Parliament House Canberra.
From the AFR:
Mr Calabria also said Australia was “squandering our nation’s natural advantage” in not allowing the development of new gas, given the important role the fuel would play for some time both to support renewables and for manufacturing industries such as fertiliser and cement.
“The environment for gas investment in parts of Australia has deteriorated so rapidly that we are at serious risk of the decline in supply outrunning the decline in demand, imposing avoidable costs and supply risks on Australian households and businesses,” he said.
“We must be honest with the community that we simply cannot ensure reliable power supply without building new gas peakers.”
Ann: Waitsia Stage 2 update, page-128
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