IES Advisory completes a one day workshop at the Eastern Australia’s Energy Markets Outlook 2014 Conference in Sydney. The topic of the workshop was “Understanding the east coast gas price and supply outlook”. A particular focus was to review the current market environment for gas on the east coast of Australia and present modelling studies of future gas and related market outcomes. The workshop was especially of interest to those whose business is critically dependent on the future outlook for gas supply, either directly or indirectly. The topics included:
- Understanding the current gas market environment
- Modelling of the gas and related markets using simulation tools
- Overview of the IES Advisory 2013 gas market study
- Outlook for gas-fired power stations
The workshop was presented by staff from IES Advisory. IES was commissioned by the Commonwealth Department of Industry in late 2013 to conduct a gas market study. The objective was to inform policy makers of the demand supply situation in the eastern Australian gas market and of barriers to domestic gas supply over the period 2012-2023. The recent workshop drew on the key findings of this study and provided additional background information ensuring that attendees had the most up to date outlook for east coast gas markets.