EUAA Submission: Response to Gas Market Review Final Recommendations
Emily Wood | March 13, 2026
‘…EUAA members are seeking a workably competitive domestic gas market that delivers sustainable volumes of domestic gas at reasonable prices and on reasonable terms for domestic gas users. To achieve this, we believe Government needs to ensure adequate supply of gas that at least matches the demand (but preferably slightly over-supplies) over the proposed Medium-Term Projected Assessment of System Adequacy (MT PASA) time frame.
We also believe that the government needs to retain the option of pricing controls and also make a declaration of what constitutes ‘reasonable’ pricing, similar to the current $12/GJ price ‘anchor’.
After a period of uncertainty there is now widespread support for the continuing role that gas will play in terms of both electricity generation to support a variable renewable energy (VRE) dominant energy system and as an input to our manufacturing industries that supply products consumers use every day, for whom low emissions alternatives to gas are not yet technically or commercially feasible, including where gas is used as a feedstock, or where gas is needed to transition from coal.
While detailed design is still to come (and is therefore still a risk to a favourable outcome for domestic gas users) we are encouraged with the general direction and intent of the GMR Final Report as it comes at a critical time for
Australia’s large commercial and industrial energy users as they deal with multiple threats, including the difficulty in sourcing sufficient quantities of competitively priced gas.
The need for decisive action has never been more acute. It is the experience of EUAA members that the market has failed to supply gas on competitive terms and conditions, despite well-meaning government intervention over many years. The reasons for this have been well articulated in the GMR Final Report….’
Please download attachment to read full submission.
