Green gas key to Australia’s energy future
A new independent report has found that “green” – decarbonised – gas offers some of the lowest cost opportunities to provide Australian energy consumers with affordable, reliable, and carbon-neutral energy.
Released yesterday, the Decarbonising Australia’s Gas Distribution Networks report was produced by Deloitte and shows that options such as biogas, hydrogen and carbon capture and storage are not only carbon neutral but also cost competitive.
“This report demonstrates that existing gas infrastructure and assets have a critical role to play in Australia’s carbon-free future, while also outlining a decarbonisation pathway for gas which can be realised in the next three decades,” said Steve Davies, CEO of the Australian Pipelines and Gas Association.
“Hydrogen is a particularly exciting example, and the report details how excess electricity is being converted into hydrogen and then injected into and stored in the gas network. This energy is then available on demand, through proven infrastructure and can also help address challenges in gas supply.”
The reports also show that decarbonised gas will be a cost-effective option in meeting Australia’s long-term energy needs, as it can leverage existing infrastructure to reduce the need for new investment.
Read more here:Green gas key to Australia’s energy future