Energy Policies of IEA Countries
Subtitle: Australia 2001
By: International Energy Agency
Series: Energy Policies of IEA Countries; Energy policies of IEA countries
Publisher: OECD Publishing
Published: 2001
Place of publication: Paris
Language: eng
Format: [electronic resource] /
Number of pages: 150
ISBN-13: 9789264193246
Subjects: Force and energy; Power (Mechanics); Power resources
Description: The International Energy Agency's 2001 review of Australia's energy policies and programmes.  It finds that Australia is rich in low-cost energy resources, especially coal. The country exports large amounts of coal, 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 been under way since 1997 and is beginning to yield the first benefits. More work is needed to complete the reform process. In the power market, this includes open access for all consumers and providing efficient price signals for interconnection. The Australian government spends almost A$ 1 billion on climate change mitigation programmes. Many of these programmes are market-oriented, including a mandatory certificates trading system.
Table of contents: title: 1. Summary of Conclusions and Recommendations; title: 2. Organisation of the Review; title: 3. Energy Market and Energy Policy; title: 4. Energy Efficiency, Environment, and Renewables; title: 5. Coal; title: 6. Oil; title: 7. Natural Gas; title: 8. Electricity; title: 9. Technology Research and Development; title: Annex A. Energy Balances and Key Statistical Data; title: Annex B. International Energy Agency "Shared Goals"; title: Annex C. Glossary and List of Abbreviations