Queensland customers could face power shortage

A report from the Australian Energy Market Operator (AEMO) suggests that Queensland could be the first Australian State to face a shortage of electricity as soon as 2012/13 in a high economic growth scenario, but more likely 2013/14 in a mid-economic growth scenario.

AEMO is predicted the demand for electricity in Queensland to grow annually by 3.9% for the next 10 years.

Increased growth rates in Queensland are due to a projected increases in demand in the Surat Basin area as a result of coal seam gas developments, gas compressor loads, and coal mining developments and their supporting infrastructure and services.

Electricity shortages could hit other states a little later:

  • New South Wales: 2016/17
  • Victoria: 2015/16
  • South Australia: 2015/16
  • Queensland: 2013/14

It's unlikely that any state will physically see blackouts - but with potential shortfalls on the cards, large users could see their usage capped (as per their supply contracts).  What's clear is that decisive action is needed to ensure continual investment made to bolster security of supply.