Eastern Australia faces the threat of gas shortages during the height of winter, thanks to increased demand and a shortfall in supply. Strained LNG production owing to unplanned production outages, reduced renewable generation and heightened demand during a winter cold snap risks creating a shortfall in gas supplies across Australia’sContinue Reading
Millions of Australians face the risk of electricity blackouts without the “urgent” delivery of greater energy and transmission infrastructure, the Australian Energy Market Operator has warned. The warning comes as delays pile up in green energy projects and traditional power sources go offline. In its latest 10-year forecast for theContinue Reading
Victorian Energy Minister Lily D’Ambrosio has accused her federal Labor colleague, Resources Minister Madeleine King, of sounding “more like a Coalition minister” after she warned households should expect to pay higher gas bills as a result of supply shortfalls in the state. The war of words followed the release ofContinue Reading
Australians could face higher power prices for years to come as ageing coal-fired power generators exit the energy grid and authorities grapple to deliver transmission projects, the energy regulator says. The stark warning comes in the latest ‘State of the energy market’ report for 2023, released by the Australian EnergyContinue Reading