Australian emission plans will fuel expansion of gas-to-power
New South Wales will rely on coal seam gas and/or imported LNG to form the core of its plan to reduce emissions and electricity prices
The Australian government agreed the first of a series of emission-reduction plans with its constituent states on 31 January, when it agreed A$2bn plan with its most populous state New South Wales (NSW). The deal’s cornerstone is substantial support for an increase in gas for electricity generation. While the memorandum of understanding (MoU) is not legally binding, the east coast state has “set a target to inject an additional 70 pj/yr of gas” into its market. In exchange NSW will receive A$0.9bn in federal contributions—in a combination of grants, loans and guarantees—towards its A$2bn grid upgrade and renewable energy investment plan. Gas consumption in NSW is projected to rise from 120 p
Also in this section
28 April 2026
Oil traders warning of $200/bl oil are wrong, and the market should be wary of proclamations that the impact of the oil shortage has only begun to be felt and a that a ‘harsh adjustment’ is coming—even for industrialised nations
28 April 2026
Restoring supply from Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain and Iraq involves complexities far beyond simply adjusting operational controls
28 April 2026
Datacentres will guzzle power at a ferocious rate, but the impact on wider energy markets will be far more complex than previously thought
28 April 2026
The key energy player faces balancing regional routes, political complexities, and creating a clear strategic vision for energy security
