Gasflex
Gas is the transition fuel to a low carbon emissions future. It is the ideal fuel to support renewable energy generation as it produces less emissions than other fossil fuels, can be stored in large quantities and supports start / stop operations so critical in ‘firming’ intermittent solar and wind powered energy. Gasflex is a new service in the WA gas market that assists gas users get access to more flexible gas supply, without incurring additional fixed costs and charges.
The key to making gas a transition fuel is flexibility of supply. This is challenging because gas production, transport, distribution and storage systems require significant up front capital investment in infrastructure. The resultant charges to buy, transport, store and distribute gas have a high proportion of fixed charges, whether services are used or not (take or pay), and daily access is limited to the quantity contracted. These fixed costs and quantity restrictions compromise the value of gas as a flexible energy source.
Gasflex leverages BrightSource Consulting relationships with existing gas users who have all invested in long term gas supply, storage, and transport contracts. Because gas consumption across the gas market is variable – Gasflex can match gas swaps, trades and other gas supply chain services between clients to optimise overall gas supply flexibility for each gas user. Ultimately, Gasflex can assist you manage your short-term gas requirements and avoid more expensive options.
It’s confidential, convenient, timely and easy to use…and gas users deal directly with each other when gas supply needs are effectively matched. It’s also cost effective – Gasflex services are subject only to an initial registration fee and transaction charge when gas users’ needs are successfully matched. Gasflex provides standard form agreements for most transactions to ensure seamless and efficient contracting to take advantage of short-term opportunities.