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Analyzing the Energy Industry in Australia
Aruvian's R'search, April 2009, Pages: 245
The global energy industry has explored many options to meet the growing energy needs of industrialized economies wherein production demands are to be met with supply of power from varied energy resources worldwide. There has been a clearer realization of the finite nature of oil resources and the ever higher pushing demand for energy. The world has yet to stabilize on the complex geopolitical undercurrents which influence the oil and gas production as well as supply strategies globally.
Renewable energy is an essential part of Australia’s low emissions energy mix and is important to Australia’s energy security. It plays a strong role in reducing Australia’s greenhouse gas emissions and helping Australia stay on track to meet its Kyoto target and beyond. Australian Government support for renewable energy assists industry development, reduces barriers to the national electricity market, and provides community access to renewable energy.
Australia is a major exporter and user of coal, the burning of which creates carbon dioxide. Consequently, in 2000 Australia was the fifth highest emitter of greenhouse gases per capita in the developed world when emissions from land clearing are not included.
The commercialization of renewable energy in Australia is an area of relatively minor activity compared to the fossil fuels industry. Australia's renewable energy industries cover numerous energy sources and scales of operation, and currently contribute about 5.9% of Australia's total energy supply. The major area where renewable energy is growing is in electricity generation following the introduction of government Mandatory Renewable Energy Targets.
This report analyzes the scope of Australian energy production from varied traditional sources as well as the developing renewable energy sources. In view of understanding energy transactions, the report also studies the revenue returns for investors in various energy channels which manifest themselves in Australian energy demand and supply dynamics.
In depth view has been provided in this report of Australian oil, electricity, natural gas, coal, wind, biofuel, solar and geothermal power sectors. The various geopolitical interests and intentions governing the exploitation, production, trade and supply of these resources for energy production has also been analyzed by this report in a non-partisan manner.
With a future outlook for the global and the Australian energy market, a profile of the top players in the Australian energy industry – this report is a must-have!
Grab a copy of this report and get up-to-date on A to Z of the Australian Energy Industry.
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