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AEMO forecasts declining electricity demand for next three years; AER approves SA Power Networks pricing proposal
The Australian Energy Market Operator (AEMO) has released demand forecasts for the National Electricity Market (NEM), with household consumption expected to decline over the next three years. Queensland was the only state in the NEM where total demand is forecast to increase, driven by the commencement of operations at the State's Liquefied Natural Gas (LNG) terminals. KEY: Energy.