https://hotcopper.com.au/news/asx-news/152165/australia-s-gas-crisis-is-here-and-dying-coal-plants-aren-t-helping/
25.6.2025The east coast of Australia is facing a looming gas shortage crisis. Just last week, the Australian state of Victoria churned through 13% of its yearly gas budget in the space of just seventy two hours.
The culprit?: breakdowns of aging coal infrastructure, and not enough renewable generation. Making matters worse, a key gas plant also had an engineering hiccup that reduced supply. (Apparently, nobody has thought to provide backup gas capacity.)
In the space of just three days, it was obvious that Australia’s second-most populated state could run out of gas in less than a month. In the modern world of 2025, no less, in Australia – one of the world’s most advanced economies.
By my calculations, assuming the same demand conditions, the state would have used up 91% of its yearly gas budget in three weeks.
