In a new article published by Energy Insights, UQ Gas & Energy Transition Research Centre Professor David Close shares his thoughts on an increasingly important question: 'are gas import terminals a necessary solution or pricey gamble?'
In the article, Professor Close argues that gas import terminals are a necessary but costly solution to Australia's gas supply challenges. He highlights the importance of diversifying energy sources to ensure energy security and stability, noting that relying solely on domestic production is risky. However, Professor Close also points out the high costs and potential environmental impacts of these terminals, suggesting that while they can provide short-term relief, they might not be the best long-term strategy. Close emphasizes the need for a balanced approach that considers both economic and environmental factors.
The Gas & Energy Transition Resarch Centre's Energy Security theme undertakes modelling and analysis to ensure energy planning meets societal objectives for the sustainability, reliability and affordability of domestic and export energy markets. You can read more about the theme here.
