Considerably higher demand for heating in the winter months is set to cause supply shortfalls in NSW, Victoria and Tasmania.
will extend into next year, the competition watchdog has warned, with considerably higher demand for heating set to cause shortfalls in the southern states.
Eraring had been due to close in 2025, but is now due to operate until 2027, preventing reliability issues for the NSW power grid that had been forecast from as soon as next year.But that change “has not altered the fundamental trajectory of supply, which is projected to decline and lead to growing annual shortfalls”, the ACCC report said.
The ACCC said there was enough pipeline capacity to transport the total quantity of gas needed in the colder months of 2025, but gas withdrawn from storage may need to be transported from Queensland in the summer periods to avoid congestion in pipelines, particularly if the Northern Territory requires gas at the same time.
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