The role of natural gas in meeting future energy requirements
Grant KingManaging Director, Origin Energy Limited
The APPEA Journal 50(3) - https://doi.org/10.1071/AJ09117
Published: 30 June 2010
Abstract
Australia is blessed with an abundant supply of a range of fuels and a large number of investors willing to help develop its resources. The investments we make today, and the choices we make between fuels, will live with us for decades.
Governments in Australia and around the world are setting targets for emissions reductions by 2050 that would require very significant changes in the fuel mix. They continue to value security of supply and access to a diverse set of energy sources. But, while governments here and overseas are introducing policies to promote renewable energy, the policies required to encourage a large-scale shift away from coal are proving harder to deliver.
Gas is likely to emerge as a winner in the coming decade, in Australia and overseas, whether as a balancing fuel for intermittent renewables, to meet any shortfall to 2020 renewable targets, or as a greater part of the mix for baseload electricity generation.
Grant King was appointed Managing Director of Origin Energy Limited in January 2000 following the demerger of the energy and building/construction businesses of Boral Limited, where he had been Managing Director of the Energy Group since 1994. Grant has extensive experience in the Australian oil and gas industry. He was formerly General Manager of AGL Gas Companies where he held a number of management positions over a 17-year period. Grant has a degree in civil engineering from the University of New South Wales and a Masters of management from the University of Wollongong. He is Chairman of Contact Energy (since October 2004), a Councillor of the Australian Petroleum Production and Exploration Association Limited (APPEA), a former Director of Envestra Limited, and former Chairman of Energy Supply Association of Australia (esaa). |
