APIA seeks policy support similar to renewable energy for gas
JOHANNESBURG (miningweekly.com) – The Australian Pipeline Industry Association (APIA) has called for greater policy support for the natural gas sector to ensure the long-term future of the industry.
APIA, which represents companies involved in national gas transportation in Australia, warned of a supply shortfall when the Queensland liquefied natural gas (LNG) export contracts kick in and said on Friday that the country had to afford natural gas similar policy support as renewable energy.
APIA CE Cheryl Cartwright said that much had been written about the domestic supply squeeze when the plethora of Australia-sourced coal seam gas and LNG contracts came on line in the next two years. “Adjusting domestic market structures will not address any supply shortfall, the only answer is to access broader supply from as many sources as possible, as soon as possible”.
In a position paper, the industry body proposed the establishment of a technology-neutral energy investment policy, allowing renewables, clean coal, gas and any low-emission technologies to compete for investment funds.
“This would not be in the form of grants, but rather a form of coinvestment on the basis of competitive bidding,” Cartwright said.
APIA also proposed a technology neutral electricity-sector emissions, intensity-based carbon reduction scheme.
Cartwright said that, rather than “picking winners” the policy would allow all technologies, including gas, to compete for funding on the basis of the economic reduction of emissions.
She called for an indication by government of commitment to natural gas, which APIA believed would assist in providing a conducive investment environment for further gas development.
“Such policies would indicate to investors in the supply and generation sectors that there is a future for natural gas in Australia. With such long lead times required for this investment, these announcements would help to secure our environmental and energy security future,” commented Cartwright.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation