It’s time to step on the gas.
This morning, Senex Energy CEO, Ian Davies addressed the Australian Domestic Gas Outlook (ADGO) Conference 2024 calling for Governments to work constructively with the industry to address gas supply before it’s too late.
The Australian Energy Market Operator’s latest Gas Statement of Opportunities report released last week serves as a timely reminder of the urgent need for investment in new supply with peak day shortfalls predicted from 2025.
The warning bells continue to toll but no real solutions are forthcoming.
Against the backdrop of forecast gas shortfalls, a cost-of-living crisis, and manufacturers facing significant challenges in securing new gas supply, getting the policy settings right – and quickly – has never been more important.
It’s crunch time, and we need policies that will improve investment confidence and get new gas supply developments moving.
