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Australia 2023
…net zero emissions by 2050. To match these increased ambitions, Australia is seeking to update its existing strategies, starting with the preparation of a new emissions reduction plan for 2050. Emission reductions and energy efficiency improvement rates need to double by 2030, and further steps will be required to achieve the government’s clean electricity target. Such efforts would support both climate and energy security goals.To support its clean energy transition, Australia needs to strengthen its resilience to supply disruptions across all fuels, whether from climate change impacts or global energy price shocks. Flexibility, fuel availability and resilient infrastructure…
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Renewables 2020
…renewable markets, especially electricity-generating technologies, have already shown their resilience to the crisis. Renewables 2020 provides detailed analysis and forecasts through 2025 of the impact of Covid-19 on renewables in the electricity heat and transport sectors. Executive summary Renewables’ resilience is driven by the electricity sector In sharp contrast to all other fuels, renewables used for generating electricity will grow by almost 7% in 2020. Global energy demand is set to decline 5% – but long-term contracts, priority access to the grid and continuous installation of new plants are all underpinning strong growth in renewable electricity. This more…
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Energy Policies of IEA Countries: Australia 2018 Review
Australia has abundant energy resources. It is a leading exporter of coal, uranium and liquefied natural gas (LNG), much of which is destined for Asia’s growing markets. At home, Australia’s energy sector is undergoing a significant transformation. The power system is seeing higher shares of variable wind and solar power; South Australia leads the deployment. Yet despite this wealth of resources, energy security concerns are on the rise. As domestic oil production is dwindling, dependency on oil product imports and the oil supply chain are growing steadily. Gas supply in the east coast market has become tight, leading…
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Coal 2020
…natural gas, renewables, electricity and energy efficiency. Executive summary An electricity-driven decline in coal demand in 2019 In 2019, global coal demand decreased 1.8% after two years of growth. Power generation from coal declined 3%, and coal use in industry increased only slightly. Two trends affected coal-fired power generation in 2019: weak electricity demand growth and low natural gas prices. Global electricity generation grew 1% in 2019, the lowest rate since 2009 and almost one-third of the average annual increase since then. Electricity generated from renewables increased in 2019, squeezing coal and gas generation. Expanding LNG…
- Demand
- Supply
- Trade
- Prices and costs
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Energy Policies of IEA Countries: Australia 2012 Review
Energy Policy Review Energy Policies of IEA Countries: Australia 2012 Review Australia enjoys the benefit of abundant and diverse energy resources; it is the world’s ninth-largest energy producer and is one of only three net energy exporters in the OECD. Its substantial conventional energy resource base includes coal, natural gas, oil and uranium. The country also enjoys extensive wind, solar and geothermal resources as well as large biomass and ocean energy potential. The energy sector is a significant contributor to the Australian economy. Exports have more than tripled over the past decade, and surging economic and social expansion…
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Energy Policies of IEA Countries: Australia 2001
…This contributes to international availability and security of energy supply. Efforts are under way to increase LNG exports and to make Australian coal even more competitive.
For most of the past decade, Australia has been at the forefront of energy market liberalisation. Following liberalisation by individual states in the early 1990s, the competitive National Electricity Market was established in 1998. The NEM integrates markets across the eastern and south-eastern states. The benefits have been considerable: strong competition, significant price reductions and consumer choice. Gas market reform has been under way since 1997 and is beginning to yield the first… -
Energy Policies of IEA Countries: Australia 2005
Energy Policy Review Energy Policies of IEA Countries: Australia 2005 This International Energy Agency review of energy policies and programmes systematically examines Australia's general energy policy including energy policy as it relates to the environment, energy demand, and energy end-use efficiency as well as energy policy concerning oil, coal, natural gas, renewables, electricity, and nuclear power. It also reviews research and development activities and presents key statistics. It finds that environmental sustainability is Australia's greatest energy challenge, and it makes a series of recommendations on that and other issues.
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Case Study: The National Energy Analytics Research (NEAR) Programme in Australia
…changes in energy use patterns and new pressures on managing the electricity grid. However during this time, lack of granular and transparent data on energy use and how it is changing has limited effective forecasting, policy and management of these changes, resulting in unnecessary costs and market disruption. The need for improved energy data and analysis in Australia was emphasised following a significant investment in energy transmission and distribution infrastructure, which could have been minimised if accurate energy demand was more available.During the late 2000s, Australia’s National Electricity Market experienced a number of peak demand events following extreme…
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Paving the way to recovery with utility-funded energy efficiency
…programmes during the Covid-19 crisis. There are many effective policies and programmes driving energy efficiency improvements. This paper focuses on energy utility-funded energy efficiency programmes, one of the primary mechanisms for improving energy efficiency around the world. Utility-funded programmes provide several unique advantages. With the exception of areas without access to electricity, nearly every citizen and business is an energy utility customer. With the right regulatory incentives, utilities are thus well placed to promote energy efficiency through identifying and deploying energy savings opportunities for their clients. Energy utilities have access to finance, which puts them in a…
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Australia Climate Resilience Policy Indicator
Country summary Australia’s temperature is rising more quickly than the world average, although some relatively cooler years do occur because natural drivers such as La Niña and El Niño in the tropical Pacific Ocean, as well as phases of the Indian Ocean Dipole, produce inherently high climate variability. The growing number of extremely warm days (which not only raises electricity demand but reduces electricity supply availability) places additional stress on Australia’s energy systems. Overall precipitation has declined, raising concerns about droughts and wildfires, particularly in southern Australia. Despite the trend towards increasing dryness, heavy rainfalls and tropical cyclones…