Australia is one of the world's biggest gas exporters, but we're about to start importing it from overseas.
On a dock alongside reminders of Australia's industrial past — blast furnaces and stockpiles of coal — a key piece of the country's energy future is taking shape.
The Australian Energy Market Operator is forecasting that within just a few short years, supplies of gas on the east coast could fall well short of demand at peak times, typically in winter. To its backers, gas is a crucial input for heavy industry and manufacturing and will play a key role in keeping the lights on as Australia moves away from coal and towards green energy.
In unveiling its Future Gas Strategy, the federal government delivered a political sideshow away from the real conflict that has plagued Australia's economy for years. From there, the gas would be injected into the pipeline network at a rate of up to 500 terajoules a day, enough capacity to meet "nearly all of NSW peak demand on a winter day".
"When we have our peak demand in wintertime, it's lower demand in the Northern Hemisphere and we can access more affordable gas."
Gas Shortage Andrew Forrest Energy Transition Electrification Energy Policy Green Energy Climate Change Clean Energy LNG Domestic Gas Policy Shorfalls Australian Energy Market Operator Longford Gas Plant Energyquest Squadron Energy Fossil Fuels LNG Regasification
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