EUAA Submission: Future Gas Strategy Consultation Paper
Emily Wood | November 13, 2023
‘… We understand that this consultation paper, broad as it is, will set the direction of travel for future gas strategy and that additional consultation on more specific issues will ensue over the coming 12 months. We look forward to remaining engaged in this process.
The EUAA and its members propose that the Future Gas Strategy has four steps to secure industry in Australia while transitioning to a net-zero economy. These steps are:
- Ensuring access to secure and affordable natural gas supply to Australia’s domestic market: while gas consumption is expected to drop as those who can electrify do so, those industries who rely on the methane molecule for its particular combustion properties and/or those converting from coal, will require natural gas during the transition. In addition, some EUAA members are expecting to expand production (and therefore increase gas consumption) to supply critical products to support Australia’s transition to net-zero.
- Prioritising Natural Gas utilisation: to ensure that in the short to medium term, natural gas is utilised by industry that needs natural gas (because it has no realistic alternatives) while electrification opportunities are developed and a renewable gas industry is stood up, should it prove commercially viable….’
Please download attachment to read full submission.
