The Australian Pipelines and Gas Association (APGA) welcomes the Northern Territory Gas Plan, and calls for bipartisan adoption ahead of the upcoming Northern Territory election to help ensure investment certainty.
The Northern Territory Gas Plan outlines the critical role gas will play in helping to provide an economic boom for the NT, while also providing energy security for homes and businesses across Australia’s eastern seaboard.
Crucially, the Plan illustrates how low-CO² natural gas from the Beetaloo Basin can accelerate the exit of coal-fired generation, setting up a renewables system firmed with gas – helping lower Australia’s emissions faster.
APGA chief executive Steve Davies says getting more gas supply into the constrained east coast market will put downward pressure on energy costs for Australians, and improve the economics of gas-fired generation.
“Partnering wind and solar with gas generation is the fastest and most efficient way to reduce emissions. Last year, coal-to-gas switching was the largest electricity emission reduction initiative in the US,” Mr Davies said.
“The US was able to unlock significant savings in its carbon budget and power a new boom in domestic manufacturing with low-cost gas. The fast-tracking of gas from the Beetaloo basin can help us do the same.”
About
The Australian Pipelines and Gas Association (APGA) represents the owners, operators, designers, constructors, and service providers of domestic pipeline infrastructure, connecting natural and renewable gas production to demand centres in cities and locations across Australia. Our members offer a wide range of services and ensure the safe and reliable delivery of 28 per cent of the end-use energy consumed in Australia.
Contact
For further information please contact:
Paul Purcell
Corporate Affairs Manager
0422 247 750
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