Australian Energy Resource Assessment

Abstract

This national assessment of Australia's energy resources examines Australia's identified and potential energy resources ranging from fossil fuels and uranium to renewables. It reviews and assesses the factors likely to influence the use of Australia's energy resources to 2030 including the technologies being developed to extract energy more efficiently and cleanly from existing and new energy sources. Australia has an abundance and diversity of energy resources. Australia has more than one third of the world's known economic uranium resources, very large coal (black and brown) resources that underpin exports and low-cost domestic electricity production, and substantial conventional gas and coal seam gas resources. This globally significant resource base is capable of meeting both domestic and increased export demand for coal and gas, and uranium exports, over the next 20 years and beyond. There is good potential for further growth of the resource base through new discoveries. Identified resources of crude oil, condensate and liquefied petroleum gas (LPG) are more limited and Australia is increasingly reliant on imports for transport fuels.