Warning of winter gas supply shortfall

GAS STOCK

AEMO has warned of gas supply shortages in southern states if there is extreme weather this winter. Source: AAP / MICK TSIKAS/AAPIMAGE

The national energy regulator has warned of gas supply shortages in southern states if there's extreme weather this winter. Australia’s Energy Market Operator (AEMO) also says gas shortfalls could be a long-term problem.


Key Points
  • The Australian Energy Market Operator's annual report found that New South Wales, South Australia, Victoria, the ACT and Tasmania will face gas shortfalls over the next four years during extreme winter weather events.
  • Australia is one of the world’s largest producers of gas. But 80 per cent of the supply is sent overseas.
  • Greater investment in renewable energy is needed, says one of the councillor of Climate Council.

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