High Gas Prices Threaten Future of Natural Gas-Fired Power in Australia

PERTH, AUSTRALIA--December 31, 2014--Researched by Industrial Info Resources Australia (Perth, Australia)--The future of Australia's natural gas-fired power generation is vulnerable due to soaring gas prices. Industry reports released by the Australian Energy Market Operator (AEMO) indicate that gas-fired power in Australia will decline at an average rate of 18.8% over the next five years.

Within this article: Impact of higher natural gas prices on gas-fired power plants in Australia.