The southern states ‘ gas supply shortages are expected to increase in the future, according to the Australian Energy Market Operator ( AEMO).
The report warns of the possibility of shortages on days with extraordinary peak demand in 2025, tiny supply gaps in 2026, and larger supply gaps in 2028.
Writers note that during the transition to a” net zero emissions potential”, gas will continue to be used by Australians, supporting the energy market.
From now until 2043, according to the Gas Statement of Opportunities ( GSOO ) for the year 2024, Australia will have adequate gas supplies.
The 2024 GSOO continues to forecast risks for shortfalls on extreme peak demand days starting in 2025 and potential for small seasonal supply gaps starting in 2026, primarily in southern Australia, before annual supply gaps that will call for new sources of supply starting in 2028, according to the report ( pdf ).
Trending
- Watch: Handcuffed New York inmate brutally beaten to death as gaurds punch, kick him
- China flexes muscles in Taiwan strait after US aid to island nation
- France asks Indonesia to transfer national on death row: Jakarta
- Dulce, iconic Mexican singer and telenovela and reality star, dies at 69
- Speed of human thought lags far behind your internet connection, study finds
- Barclays fires Wall Street bankers before holidays, axes bonuses: Report
- Several North Korean soldiers fighting for Russia died in Ukrainian custody: Zelenskyy
- Want Jeff Bezos as a neighbour? $200 million buys you Miami’s most expensive address on Indian Creek Island