Mild winters and trend towards electrification will push back gas shortage until 2028, Aemo says

Increased cost of the fossil fuel has also cut forecasts of how much gas will be needed in Australia’s southern statesGet our breaking news email, free app or daily news podcastHigh gas prices and a shift towards running homes and businesses on electricity has helped delay an expected gas shortage in Australia’s southern states until 2028, a government agency says.A report by the Australian Energy Market Operator (Aemo) said the increased cost of the fossil fuel and trend towards electrification had combined with mild winters to reduce gas use.Sign up for Guardian Australia’s breaking news email Continue reading...

Mild winters and trend towards electrification will push back gas shortage until 2028, Aemo says

Increased cost of the fossil fuel has also cut forecasts of how much gas will be needed in Australia’s southern states

High gas prices and a shift towards running homes and businesses on electricity has helped delay an expected gas shortage in Australia’s southern states until 2028, a government agency says.

A report by the Australian Energy Market Operator (Aemo) said the increased cost of the fossil fuel and trend towards electrification had combined with mild winters to reduce gas use.

Sign up for Guardian Australia’s breaking news email Continue reading...