Victoria is relying on other states for electricity that often comes from gas even as new rules prevent the export of gas from the state to other regions, industry sources have complained.
Victoria is relying on other states for electricity that often comes from gas even as new rules prevent the export of spot market gas from the state to other regions, industry sources have complained., gas processed in Victoria and purchased through the spot market cannot be sent outside the state to NSW or South Australia or Queensland amid a critical shortfall that threatens to destabilise the energy system.
“I’m bemused because it is actually offshore gas. It is gas which in the offshore regulatory regime is managed by the federal govt on behalf of the people of Australia, it’s not Victorian state gas,” Mr Maxwell told“It is gas processed in Victoria, but the resource is a Commonwealth government, federal government resource.”
Some suggest the strict rules imposed through AEMO that are restricting gas sourced from Victoria from being accessed by other states have been influenced by the Victorian government in a potentially vote-winning strategy ahead of the Nov 26 state election. “Victoria continues to produce more than enough gas for our own needs, with the excess exported to other states - particularly NSW.”
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Snowy gas power plants ordered off as crisis buildsThe Australian Energy Market Operator ordered two gas-fired power plants in Victoria to shut down in a further worsening of the energy crisis slamming the eastern states.
Read more »
‘Getting away with too much’: AEMO intervenes in gas market to stave off energy crisisThe Australian Energy Market Operator has triggered the gas supply guarantee, allowing it to order Queensland suppliers to send more gas to NSW to free up gas for Victorian power generation.
Read more »
Fresh fears of Victorian gas crisisThe Australian Energy Market Operator has warned of looming gas shortages in Victoria as the Iona gas storage facility nears an all-time supply low.
Read more »
Victoria facing gas shortage as market regulator warns of further interventionIona gas storage facility drops to record-low supply levels due to high demand amid Victoria’s price cap
Read more »
Energy market operator threatens to intervene as Victoria's gas reserves fallThe Australian Energy Market Operator has warned of dwindling gas reserves in Victoria, despite assurances from the Victorian government the state has plentiful supply.
Read more »
Cold comfort in Labor’s energy policy within a global jigsaw puzzleOPINION: Searing summer temperatures in Europe and the US are making communities aware of the dangers of climate change. But a freezing winter without enough gas for heating and industry is also looming. The contradictions are playing out.
Read more »