Labour about to keep us in the dark (and cold) like the lefties on this thread.
VICTORIANS could face gas and electricity shortages over the next five years, a new report from the nation’s energy market regulator has warned.
PRIME MINISTER TO DISCUSS VICTORIA’S SKYROCKETING POWER COSTS
Victoria’s gas production is set to drop 38 per cent between this year and 2021, which could lead to “domestic gas shortfalls”, the Australian Energy Market Operator has warned.
The annual Gas Statement of Opportunities report, released on Thursday, said Victorians could face winter gas shortages in 2019 if an underground gas storage facility is not refilled.
Electricity supplies could also be at risk as there may be shortages for gas-powered electricity generators, the report said.
It comes after influential crossbencher Nick Xenophon warned Victoria of “disastrous” consequences if the Andrews Government adopts a renewable energy target without replacing the “back-up” that will be lost when Hazelwood shuts.
Senator Nick Xenophon has warned Victoria could be in for an energy crisis. Picture: AAP
The South Australian senator said the closure of the coal-fired Hazelwood power station, which supplies 22 per cent of Victoria’s energy, could trigger an energy crisis which “will be a contagion that spreads across the country”.
He fears small businesses will be crippled across southern Australia if Victoria follows the lead of his home state and pursues target of 40 per cent a state-based renewable energy by 2025 without adequate base-load power.
“The Victorian Government — if they go ahead with a renewables scheme without having back-up power — it will be a disaster for South Australia in terms of increased prices and more energy insecurity,” Senator Xenophon said.
But Victorian Energy Minister Lily D’Ambrosio said Senator Xenophon was “wrong” and should “stick to issues he understands”.
“Our renewable energy and storage measures will bring on more supply, ensuring the grid remains resilient and power prices are kept in check,” she told the Herald Sun.