|Published : 12 Mar 2017, 21:46:29|
Australia faces gas shortage from 2019
MELBOURNE, Mar 12 (Reuters): Australia faces a gas crunch from 2019, raising the risk of power blackouts from a shortage of gas-fired generation and gas supply cuts if no action is taken, the country's market operator said recently.
The warning comes after a string of outages and electricity price spikes in Australia's eastern states over the past year that have highlighted the need for gas-fired generation to shore up power supplies.
"We're going to see security of both systems, gas and electricity, become more challenging," Mike Cleary, chief operating officer of the Australian Energy Market Operator (AEMO), told Reuters.
More gas-fired plants will be needed to beef up power supplies as they can raise and lower output more quickly than coal-fired plants as a back-up for wind and solar when the wind isn't blowing and the sun isn't shining, the AEMO said in its annual gas outlook.