ANALYSIS: Why is eastern Australia running short of gas and will an emergency intervention help?
By deduction, that still left about 30 per cent of the gas, including supplies from Queensland, available for the domestic market.
Such was the pain last month that AEMO was forced to put in place price caps on the gas market to shied users from prices that soared way beyond anything ever seen before. Unlike AEMO's intervention last month, which was short-term in nature, its latest decision is likely to stay in place until September to head off the threat of shortages.Added up, AEMO's drastic interventions in the market this year have highlighted the structural problems bedevilling Australia's energy system.
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