Gas Plays Key Role in Australia's Energy Mix

Energy Investing

Mining Weekly reported that a new report from Australia’s Department of Industry, Innovation and Science shows that natural gas is the biggest provider of stationary energy in the country.

Mining Weekly reported that a new report from Australia’s Department of Industry, Innovation and Science shows that natural gas is the biggest provider of stationary energy in the country.
As quoted in the market news:

The report found that black and brown coal accounted for 66% of Australia’s primary energy production in 2013/14, followed by uranium at 14% and natural gas at 13%.
Crude oil, condensate, and naturally occurring liquefied petroleum gas (LPG) accounted for another 5%, while renewables, mostly bioenergy and hydro, contributed the remaining 2%.
The report also pointed out that in 2013/14, 825 PJ of gas was consumed, compared to 790 PJ of electricity, in providing stationary energy.
“Clearly, natural gas is a critical part of Australia’s energy mix, particularly for industry, both for power and for heating,” APGA CEO Cheryl Cartwright said.
“In fact, natural gas supplies almost twice the energy that electricity supplies to the
 manufacturing sector – 400 PJ compared to 225 PJ. Gas is second only to oil in providing useable energy for the Australian economy. And it is the 
largest provider of stationary energy as oil is mainly used in transport.”

Click here to read the full Mining Weekly report.

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