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Story summary
- The Victorian government has opened areas for gas exploration, despite shifting away from gas, with Bass Strait wells depleting and most gas exported.
- Energy ministers may empower the Australian Energy Market Operator to intervene in the gas market.
- The government aims to deploy 2 gigawatts of offshore wind energy by 2032, noting progress remains slow.
- Renewables contributed more than 50% of electricity last quarter, while coal and gas generation declined.
