A Sustainable Energy Future For Australia
To support its sustainable development and future prosperity, Australia must move to low-emission energy systems that are affordable, secure and reliable.
Australia’s energy challenge
Australia has for many years enjoyed comparative advantage through the wide availability of large, low cost energy sources, particularly for electricity generation. With national and international efforts and agreements to reduce emissions, natural gas moving towards international parity price and coal recovery cost following at a lesser pace to price levels that are not affordable within the present Australian context, this advantage is quickly disappearing.
