Corporate Australia and the ongoing energy crisis

In a fight against the energy crisis, Corporate Australia must act to ensure survival.

The battle for Australian businesses to continue accessing both reliable and cost-effective sources of energy shows no sign of abating. Among many indicators we are in this for the long haul is the latest Australian Competition and Consumer Commission (ACCC) gas report which forecasts a 56 petajoule shortfall to the east coast market during 2023 - equivalent to about 10% of current domestic demand.¹ "The outlook for 2023 is very concerning and is likely to place further upward pressure on prices, which could result in some commercial and industrial users no longer being able to operate," the report said.²