The AEMO has released an alarming new report on the eastern gas market:
The Australian Energy Market Operator’s (AEMO) third annual National Gas Forecasting Report (NGFR) released today highlights some of the uncertainties and challenges complicating gas demand forecasts for eastern and south-eastern Australia’s interconnected gas markets over the next 20 years.
The 2016 NGFR provides insights into the increasingly complex interdependencies between the gas and electricity sectors and the relationship between Australia’s energy demand and growing links to the international gas sector.
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David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.