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Powering forward

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The Australian Government plan to introduce a National Energy Guarantee to deliver an affordable and reliable energy system.

Australian Petroleum Statistics 2021

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The Australian Petroleum Statistics is a monthly publication of national and state statistical information on sales of petroleum products, exports and imports of petroleum products and crude oil, production of crude oil and condensate, refinery input and output, and stocks of petroleum products.

To join the mailing list to receive notification when the Australian Petroleum Statistics are published each month, please email petroleum.statistics@industry.gov.au

Securing Victoria's energy system

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In a move to secure Victoria’s energy system, the Australian Government will safeguard Alcoa’s Portland aluminium smelter’s continued delivery of emergency power reserves to the market.

Modelling for the Liddell Taskforce

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The Liddell Taskforce was required by its Terms of Reference to model the impact on wholesale and retail power prices from Liddell’s closure, and the options identified to maintain similar price, reliability and security outcomes. The Taskforce commissioned Frontier Economics to undertake the modelling work.

The modelling shows that if Liddell closes and is not replaced, NSW average wholesale prices could rise from the low $60s per megawatt hour (MWh) in 2022 to around $80 per MWh in 2024; and continue increasing to $105 per MWh by 2030.

Liddell Taskforce - Terms of Reference, report, statement and response

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In 2015, AGL announced it would close Liddell Power Station in 2022. AGL later extended this to April 2023. This would make Liddell the next in a series of coal power station closures. In the past 10 years closures have removed over 5000MW of capacity from the National Electricity Market (NEM).

The Australian Energy Market Operator warned there would be a higher risk of blackouts in NSW after Liddell closes, without more investment in dispatchable power. As a result of these concerns the Australian Government set up the Liddell Taskforce in August 2019.

Australian Petroleum Statistics 2020

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The Australian Petroleum Statistics is a monthly publication of national and state statistical information on sales of petroleum products, exports and imports of petroleum products and crude oil, production of crude oil and condensate, refinery input and output, and stocks of petroleum products.

Underwriting New Generation Investments program - Consultation Paper

The Australian Government consulted on the Underwriting New Generation Investments program during October and November 2018. The Honourable Minister for Energy, Angus Taylor, hosted a roundtable in Sydney on Wednesday 7 November 2018, and the Department of Environment and Energy hosted a consultation forum in Melbourne on Friday 9 November 2018.

A fair deal on energy

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The Australian Government is:

  • delivering an affordable and reliable energy system
  • putting energy consumers first
  • taking real and practical action to reduce emissions and meet our international commitments