Thu, 2 September 2010
The Australian Energy Market Operator (AEMO) has launched the market-based wholesale gas balancing mechanism at hubs in Sydney and Adelaide.
The short-term trading market (STTM) uses bids, offers, and forecasts to determine a timetable for deliveries from pipeline transmission users and the hubs. The market will set daily market prices and will settle each hub based on the delivery schedules.
AEMO Managing Director and Chief Executive Officer Matt Zema said that it will introduce transparency of terms, prices and quantities.
“It is timely that the market is being introduced, at a time when new gas sources are entering the market, supporting the increased efficiency which the market offers,” Mr Zema said.
The launch of the spot market comes…
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Tue, 31 August 2010
Santos has announced that it will develop new gas supplies for the Western Australian domestic market by developing and producing gas from the Halyard and Spar fields, which it owns with Apache Energy.
Fri, 27 August 2010
The 16th annual South East Asia Australia Offshore Conference will take place in Darwin from 22–24 September 2010.
Thu, 26 August 2010
Eastern Star Gas (ESG) has announced that a Memorandum of Understanding (MoU) has been assigned to National Power for supply of gas to a proposed new gas-fuelled power station in northern New South Wales.
Wed, 25 August 2010
When choosing a direct electric heater, it is important to take many factors into consideration, including the Joule-Thomson (J–T) effect. Grimwood can analyze your process conditions to accurately confirm the true J-T effect based on the gas composition.
Wed, 25 August 2010
The Energy Networks Association (ENA) Gas Seminar will be held in Canberra on 12 October 2010 at Old Parliament House.
