EUAA Submission: Victorian Gas Substitution Roadmap

EUAA Submission: Victorian Gas Substitution Roadmap

Emily Wood | August 4, 2021

‘Being energy intensive business, our members are highly exposed to movements in both gas and electricity prices and
have been under increasing financial stress due to escalating energy costs. These increased costs are either absorbed by the business, making it more difficult to maintain existing levels of employment or passed through to consumers in the form of increases in the prices paid for many everyday items.

The EUAA welcome this opportunity to make a submission to the Victorian Gas Substitution Roadmap Consultation Paper
(Consultation Paper). Our submission will provide an industrial gas user perspective and focus on the issues of greatest importance to them.

Of all states, Victoria is the most reliant on gas. As the recently published Infrastructure Victoria Interim Report1 highlights, gas is central to our industrial and manufacturing base and critical to electricity generation. Therefore, the scale of change required can’t be underestimated and that while technologies may exist to replace residential gas use, the situation is not as clear for large industrial gas users. Therefore, a sector by sector approach is likely to be required, as this statement taken from the Infrastructure Victoria report emphasises.

“Our initial scenario analysis indicates that a diversified approach to gas sector decarbonisation is needed. No
single technology is a silver bullet, and not all technologies are ready to be deployed at scale.”

As we discuss the issues of net zero targets and gas substitution with member companies, a number of themes have
emerged…’

Please download the attached to read full submission.

Your current browser is outdated, please download the lastest version: http://outdatedbrowser.com/ru