AEMO warns of power 'gaps' in Australia's biggest grid within three years as coal exodus gathers pace
Electricity supplies are forecast to fall short of demand within three years across Australia's eastern grid, unless new renewable energy and transmission capacity is urgently brought online, according to an official report.
In its latest 10-year outlook for the national electricity market, to be released today, the Australian Energy Market Operator (AEMO) warns of reliability "gaps" affecting New South Wales from 2025 and Victoria, Queensland and South Australia by the end of the decade.
The warning from the government agency follows a period of turmoil in the market, which has been buffeted by soaring coal and gas prices fuelled by Russia's invasion of Ukraine and higher-than-usual demand.
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