Domestic gas reservation policy
Answer
Hon Stephen Dawson (Leader of the House) (5:01 pm) : I would like to provide an answer to Hon Dr Steve Thomas' question without notice 748, asked yesterday, and I seek leave to have it incorporated into Hansard.
Leave granted for the following material to be incorporated.
1. The Department of Energy and Economic Diversification.
2. The Government refers to the 10-year forecast of the WA gas market balance provided by the Australian Energy Market Operator (AEMO).
3. According to AEMO's 2024 WA Gas Statement of Opportunities (GSOO):
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2025 to 2027 and 2029 the market is forecast to be in surplus. |
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2028: 162 terajoules per day will be required. |
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2030: 22 terajoules per day will be required. |
4. Please refer to AEMO's 2024 GSOO for forecasts on expected gas supply from various projects.
5. The Government regularly reviews the policy to ensure it remains fit-for-purpose to support WA's energy security and energy transition.