Infrastructure - Energy Storage
Following the two year period in which natural gas is initially produced, the Golden Beach Gas Field will store natural gas for domestic consumption. This will allow operators to better address fluctuations in demand, decreasing the risk of market disruption and helping to reduce domestic natural gas prices.
Storing natural gas directly supports Australia's low-emission and renewable energy goals by increasing market efficieny and providing a reliable source of supply.
A common and proven practice in the United States, this means gas will flow from shore into the field where it will be stored until required. This concept has proven safe and effective in facilities in Victoria and Western Australia.