SOURCE: Industrial Info Resources

Industrial Info Resources

February 06, 2012 02:00 ET

Queensland Prepares for Higher Energy Demand With 20 Large-Scale Power Projects to Kick-Off in 2012 or Later, an Industrial Info News Alert

PERTH, AUSTRALIA--(Marketwire - Feb 6, 2012) - Researched by Industrial Info Resources Australia (Perth, Australia) -- In August 2011, the Australian Energy Market Operator argued that with medium economic growth, Queensland will reach its low-reserve condition (LRC) in 2013. The operator said that at least 341 megawatts (MW) of new generation is required each year to avoid shortages and delay the LRC.

While experts in New South Wales report an oversupply of electricity in the national market, the over-demand in Queensland is due largely to the growing amount of projects in the metals, mining, oil and gas industries, all of which require a substantial amount of electricity.

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