Gas Supply Adequacy Methodology Information Paper March 2024 For the 2024 Gas Statement of Opportunities for the East Coast Gas Market Important notice Purpose AEMO has prepared this document to provide information about the methodology and assumptions used to produce gas supply adequacy forecasts for the 2024 Gas Statement of Opportunities under the National Gas Law and Part 15D of the National G. [...] The model uses linear programming techniques to calculate the delivery of least-cost gas supply to demand centres, subject to infrastructure and operational constraints, including: • The direction and capacity of the pipeline network to deliver gas to demand centres. [...] The model solves for the content required for the GSOO, which is calculating the adequacy of existing, committed and anticipated projects to meet the future gas needs of consumers, as specified by the scenarios and sensitivities under analysis. [...] AEMO’s production forecasts rely heavily on surveys of producers to determine the available quantities of gas, the plans for extraction, and the capability and capacity of the gas processing plant. [...] The gas model also aims to replenish annual storage inventory to ensure that storage levels at the beginning of each year are the same by the end of the year and stored gas is available for future years.
- Pages
- 15
- Published in
- Australia
