In the press release, the AEMO cite weather and reduced gas demand as reasons for the underlying change in dynamics:
“Favourable weather conditions toward the end of winter and reduced gas generation demand have allowed Iona to start refilling its storage capacity. Iona inventory is currently sitting at 44% or 10,736 TJ, while Newcastle LNG is currently holding 556 TJ, which is 36% full.”
Coincidentally, Goeff Chambers and Colin Packham published the article ‘Perfect storm’ warning issued to Australia’s east coast energy market last night on The Australian website. It quoted several energy executives who voiced that concerns over gas production and infrastructure still lingered, lamenting that the east coast had “dodged a winter bullet”.
Dan Lee first started at Global-Roam in June 2013. He has departed (and returned) for a couple of stints overseas in that time, but rejoined our team permanently in late 2019.
More recently, Dan's focus has been on growing his understanding of the market and developing his analytical capabilities. He is currently enrolled in the Master of Sustainable Energy program at the University of Queensland.
AEMO has determined that it is necessary to suspend the spot market in all regions under NER clause 3.14.3(s)3) because it has become impossible to operate the spot market in accordance with the provisions of the Rules.
On Friday 11th March 2022, the AEMO published its 19-page ‘Addendum to the Draft 2022 ISP’, providing more detail on the four topics identified by the AER.
In the middle of the day today (Fri 12th Feb) VIC Premier Dan Andrews announced a snap lockdown – here’s a quick look at how this was (quickly) added into the ST PASA Operational Demand forecast.
On Friday 28th October, the AEMO released its preliminary report into the storm damage to Liapootah – Palmerston 220 kV lines (loss of more than 500MW of load, and trip of Basslink and multiple generators)
Be the first to commenton "AEMO ends ‘East Coast Gas System Risk or Threat Notice’"
Be the first to comment on "AEMO ends ‘East Coast Gas System Risk or Threat Notice’"