Australian Energy Producers’ Post

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Western Australia’s energy transition is in a “critical phase” according to the Australian Energy Market Operator (AEMO).   The 2023 WA Gas Statement of Opportunities (GSOO) identified a tight supply-demand balance for WA’s domestic gas market, highlighting the importance of new gas supply to power the state’s growing resources industry and support the South West electricity system as coal-fired power is phased out.   AEMO forecast potential gas supply under three GSOO scenarios (Low, Expected and High) – with the need for new gas supply to meet forecasted gas demand identified under all three.   Read our media release on the GSOO, and a report by Rystad Energy highlighting the growing importance of #NaturalGas and the need for investment in new supply, below:   🔗 https://bit.ly/3RQwiyt   🔗 https://bit.ly/3S161xT

Michael Brooks

commercial and engineering insights for energy markets

9mo

And yet your members continue to ask for exemptions to the state's domestic gas reservation policy. Sounds like a short gas market is exactly what you want to drive up prices and seller friendly terms.

With Alcoa closing Kwinana this will be a significant dent in gas demand…

Robin Coombe

Director Business Development

9mo

Alcoa's Kwinana staged shutdown will reduce Alcoa's demand by about 20 PJ/a. That should help free up some volumes.

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