https://ieefa.org/articles/australia-transitioning-gas-out-energy-system
"11 May 2023 (IEEFA Australia): A new report by the Institute of Economics and
Energy Financial Analysis (IEEFA) shows that Australia has been transitioning
away from gas for power generation since 2014. Gas usage for power generation
has fallen 47% from 2014-2022.
The amount of gas we will need for electricity generation by 2030 is very
small, at just 4% of forecast production on the east coast of Australia.
In stark contrast, renewables are up from 14% in 2014 to 35% in 2022, and the
government has clear ambitions to increase renewables to 82% by 2030.
Bruce Robertson, IEEFA’s lead gas analyst, says, “The fact is the renewables’
share of generation has gone up two-and-a-half times while gas usage for
gas-fired generation in the National Electricity Market has nearly halved. We
have a renewables-rich grid, and our study has demonstrated that the amount of
gas needed in the energy transition is small and continues to shrink.
“Just because the gas industry continues to say we need more gas to transition,
and just because the Prime Minister repeats it, doesn’t make it true. APPEA is
intentionally conflating an increase in gas-peaking capacity with an increase
in gas demand from electricity generation.”"
Cheers,
*** Xanni ***
