When markets operate normally, a sharp rise in the price of any commodity triggers a boom in exploration, development and new supply. But this is not seeming to happen in response to high domestic gas prices. In this article, guest author (Graeme Bethune) examines why.
Some analysis of gas-fired generation in Queensland, with the first LNG exports steaming away from port.
Further analysis of the interaction between electricity and gas markets in Queensland at present.
This is the lowest I can remember seeing the STTM gas price at the Brisbane hub!
A few thoughts from another guest commentator (Paul Taliangis @ Core Energy) about where gas-fired generation volumes look set to go.
Some thoughts about drivers supporting higher fuel costs – and hence driving electricity prices higher in future (assembled from comments made at EUAA events, and elsewhere).