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Australia’s winter energy crisis: a chilly wake-up call for the East Coast gas industry

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East Coast Australia kicked off winter 2022 with an early cold snap and unprecedented energy crisis. Gas, coal and electricity prices sky rocketed. Trading price caps, market protection mechanisms and corporate bankruptcies were triggered. And for consumers the reality of power outages and cold showers became reality! The crisis isn’t over yet but events of early June have given the East Coast a stark, chilly warning.

Table of contents

Tables and charts

This report includes 6 images and tables including:

  • East Coast (NEM) power demand and generation mix
  • SWQP flows and utilisation (late May to mid-June)
  • Domestic Wallumbilla wholesale benchmark price vs LNG netback price
  • Queensland LNG export seasonality

What's included

This report contains:

  • Document

    Australia’s winter energy crisis: a chilly wake-up call for the East Coast gas industry

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