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Home›Commodities›Energy›Renewables Boom Pushes Australia’s Gas Power to Quarte…

Renewables Boom Pushes Australia’s Gas Power to Quarter-Century Low

Reported · Written up by our desk · Energy

Record renewable power generation and a surge in grid-scale battery capacity pushed Australia’s gas-powered generation to its lowest for any third quarter since 2000, the Australian Energy Market Operator (AEMO) said in its Quarterly Energy Dynamics (QED) report on Friday. Despite lower heating requirements, Australia’s electricity demand rose by 1.3% in the July-September winter quarter, amid ongoing electrification, higher industrial demand, and increasing data center consumption, AEMO said. “Electricity use…

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