Country Profile: Australia

From a selection of 144 countries, KeyFacts Energy features Australia in the continuing series of 'at-a-glance' reports, with selected information taken from our popular 'Energy Country Review' database.

Australia’s threatened metal manufactures

Australia’s net zero policies are driving a rapid de-industrialisation, as energy-intensive industries struggle to remain viable under rising costs and regulatory burdens.

Canberra to blame for gas shortfall: Gina Rinehart-backed developer

A looming gas shortfall that threatens to curtail industries and derail Australia’s energy transition is the fault of 10 successive government interventions, the Gina Rinehart-backed Senex Energy has declared, and now the country has little time left to fix the mess.

Diesel burn solution to fill gas gap

LACK OF SUPPLY THREATENS POWER GRID Gas generators may be forced to burn diesel to keep the power grid running after authorities warned that states face a catastrophic supply shortfall from next year unless new sources of supply are developed. The Australian Energy Market Operator revealed that gas generators could have to run on diesel through to 2026 during periods of high demand, due to the lack of gas on the east coast. Gas generators were last forced to use diesel to prop up the electricity grid in 2022 when Russia's invasion of Ukraine triggered a domestic crisis.

Hancock Energy is a Hancock Prospecting company.

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