Reconciling the marriage of renewables and gas in the Australian energy market
Joshua StablerEnergy Edge, Level 19/127 Creek St, Brisbane City, Qld 4000, Australia. Email: jstabler@energyedge.com.au
The APPEA Journal 60(1) 53-66 https://doi.org/10.1071/AJ19037
Submitted: 6 January 2020 Accepted: 5 March 2020 Published: 15 May 2020
Abstract
Australian energy markets have been heavily influenced by the rapid rise of renewable energy projects (wind and solar) during the past three years on both the east and west coasts. While the east and west coast wholesale gas prices have followed very different trajectories, the fundamental implications of new competitive zero cost supply to the electricity industry is similar. While primarily focused on the sharper implications on the east coast energy markets, this paper will also investigate the twin case study of Western Australia and investigate the economic case of gas in the very different electricity market of the 2020s.
Keywords: gas turbines, liquefied natural gas, LNG, Paris Agreement, PV, solar, wind.
Joshua Stabler is a highly energetic, passionate and respected Managing Director of Energy Edge. As an advisor and system developer in the Australian energy industry, Josh has developed detailed and accurate solutions and insights into the evolving gas market. Josh has spent fifteen years developing his unique ability to research, analyse and extrapolate individual market participant behaviours from highly opaque market sources. Using this skill, Josh has developed the Gas Market Analysis Tool (GMAT) and The Edge - Gas Market Update report. These provide market leading solutions to the opaque and disparate Australia gas market and interactions into the domestic electricity, retail and domestic gas market and the LNG export developments. Energy Edge clients have used this insight to extract value and confidence when engaging in the market as an existing or potential market participant. Josh is also able to provide clear and detailed due diligence analysis of new developments or mergers and acquisitions of electricity, gas and environmental market assets. A confident, engaged and articulate speaker, Josh has presented to a range of market stakeholders to provide unparalleled market assessments, share timely industry insight and inform and educate on the latest news and innovations. |
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