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Energy Policies of IEA Countries: Australia 2018 Review
…the oil supply chain are growing steadily. Gas supply in the east coast market has become tight, leading to higher prices in that market. Australia’s power system finds itself exposed to concerns over reliability, particularly amid extreme weather events. While its carbon intensity is in decline, it is still the highest among IEA countries. For natural gas to play a role as a transition fuel to a low-carbon economy, resource development, additional pipeline capacity and market integration are critical. The government is implementing reforms to foster reliability and security of supply, prompted by the South Australia system wide…
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Energy Policies of IEA Countries: Australia 2001
…liquefied natural gas and uranium to the Asia-Pacific region and beyond. 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… -
Australia 2023
…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 will become even more vital as Australia’s energy system incorporates very high shares of variable renewables and is likely to face more frequent and more extreme weather events. Gas market reforms can help ensure energy security during the transition.In this report, the IEA provides energy policy recommendations to help Australia effectively manage the transformation of its energy sector in line with its goals.
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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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Coal 2020
…mining projects in the main exporting countries in its annexes. Coal 2020 is an integral component of the International Energy Agency’s annual market report series that also includes oil, 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…
- Demand
- Supply
- Trade
- Prices and costs
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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
…Electricity consumption in the Australian National Electricity Market compared with published forecasts, 2005-06 to 2016-17 A major factor that contributed to the excessive demand forecasts was a lack of detailed energy consumption data. This data would have assisted forecasters to understand important trends, including: the impact of energy efficiency policies; the adoption of new technologies and appliances in buildings; and industrial efforts to improve efficiency, also driven by government policy.Lack of data has also limited wider policy and regulation across other areas, including: driving adoption of smart meter technology; reforms to electricity tariff structures; monitoring market competition…
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Renewables 2020
…remains strong. From January to October 2020, auctioned renewable capacity was 15% higher than for the same period last year, a new record. At the same time, the shares of publicly listed renewable equipment manufacturers and project developers have been outperforming most major stock market indices and the overall energy sector. This is thanks to expectations of healthy business growth and finances over the medium term. In October 2020, shares of solar companies worldwide had more than doubled in value from December 2019. Renewable power additions defy Covid to set new record Driven by China and the United States, net…
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Australia's legislation on oil security
Introduction The Australian Government’s response to national oil supply emergencies is primarily governed by the Liquid Fuels Emergency Act 1984 (LFE Act). Compared to primary legislation addressing national oil supply emergencies in other IEA Member countries, the LFE Act is more general in nature. The LFE Act provides the Commonwealth Energy Minister (the Minister) with powers in a national liquid fuel emergency to issue directions, and the Liquid Fuel Emergency Guidelines 2019 (Guidelines) set out the parameters of these powers and what a decision-maker must do or consider when exercising a power in an emergency situation.Under the Australian…
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Fuel economy in Australia
…average by 0.6% per year and 1.4%, repsectively between 2017 and 2019. Overall, average fuel consumption of LDVs in Australia has improved since 2005, though the rate of improvements has slowed to 0.3% per year since 2017. In contrast to most major LDV markets, the sales share of diesel vehicles has expanded considerably since 2005 in Australia. Diesel accounted for 32% of LDV sales in 2019, which is far higher than the global average. Most of the growth in diesel shares has occured in the large and small SUV/pick-up truck segement. Between 2017 and 2019…