Extreme weather this winter may lead to gas shortages, energy market regulator warns

  • 📰 abcnews
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 83%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The energy market regulator warns of gas shortages during extreme weather this winter due to declining gas production in the south and uncertainty over whether exporters would redirect gas supply if needed.

abc.net.au/news/aemo-warns-winter-weather-may-cause-gas-shortfall/102097256Extreme weather this winter may lead to gas shortfalls, especially if coal and renewable alternatives to meet demand are unavailable, the energy market regulator has warned.

The risk of a shortfall would rise further if excess gas production was exported rather than used to meet local demand. AEMO said its assessments were largely made before the federal government's intervention to cap gas prices, and the effect that intervention would have on demand and supply investments was not yet clear.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nothing to do with weather it's bad management.

Something we have not had to worry about until the greens and the likes of bowen showed up

No shortage if we had a legislated gas reserve here on the east coast. Solution is pretty simple.

AEMO just said it is not our fault, we told you!

AEMO just said it is not our fault, we told you!

‘AEMO warns of gas shortfalls’. It is time for the previously privatised energy providers to be nationalised. Previous governments have obviously made mistakes in privatisation.

Well I guess the 18% raise for ABC should counter the price rise.

Aemo is irresponsible

Not weather. Morbidly decadent moonbattery leads to self-destruction of Australian socio-economic system.

Gas companies are going to like it even less when the government gets tired of being held over a barrel by corporate mobsters and starts developing government owned gas fields.

ABC doing the gar corps bidding. 'oh they need to charge native peoples more because profits'. ABC Scumbags

Wrong. Fraudulent “climate” policies are what’s causing energy price spikes. Everyone knows it.

So Bowenomics relies on mild winters to promote the lemon renewables.

So we stop giving all our gas away to other countries for a song?

Ah conditioning the public so we can keep prices high for OUR gas!

Extreme weather? What a load of BS.

there is no shortage............if the price is right......its just our government on the take

Stop exporting our gas for less than what we have to pay..

Why do you always blame women for the problems of the world? Poor old mother nature is copping a bad rap lately! Did she blow up the nord stream pipeline, too? Or is she a they now?

Australia has no government, USA stealing everything.

Coalition had warned for ages now that there is not enough in the market. Now the regulator seems to come to the same conclusion warning there could be shortages. When is Chris Bowen going to listen and act

What extreme weather exactly..

This is the result of JEChalmers woke capitalism.

No extreme weather. Just ordinary winter weather & Southern Australia will be f'ed. This is the unecessary & destructive BS Green Left policies at work. Pain, misery, deprivation & no impact at all on the weather. EnergyCrisis

It's a shame they blew up Liddell.

Extreme global warming? Perhaps you mean really, really cold?

Moratoriums on gas exploration and development were clever decisions. Ditto the closure of Liddell.

not news

So the government interference in the market (a combination of crass populism and socialism) and years of green hysteria means the gas industry is in decline. Who’d have thought that’d be the outcome? Play stupid games, win stupid prizes

The weather doesn’t lead to gas shortages. Government policies do.

Another reason to jack up prices 😂😂😂

You can turn your gas off and they'll still charge you an arm and a leg to supply no gas

So it’s all about the money!! If LNG Exporters can make more profits overseas then providing domestically it’s ok and we the people will suffer. As a result this is what happens when privatisation of Australian resources takes place.

The doing it’s bit to soften up the punters ahead of the next round of price gouging to ensure energy execs receive their massive bonuses.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Black Monday in the bond market points to pain aheadOPINION: The biggest fall in short-term bond yields since the 1987 crash is sending investors and central bankers a clear message about what’s to come after the SVB collapse.
Source: FinancialReview - 🏆 2. / 90 Read more »