Introduction
The Australian energy landscape is undergoing transformation as
demand for our mineral and energy resources increases and as we
move towards a carbon price and a greater uptake of clean energy.
In order to sustain current levels of development and meet
projected growth over the coming decades, an unprecedented scale of
investment in developing our energy resources is required.
Australia is the world's ninth-largest energy producer and
constant global demand for coal and liquefied natural gas
(LNG) resources in particular continues to make
Australia the world's largest exporter in these areas. The
pipeline of energy and mineral resource projects due for completion
between 2011 and 2020 that have so far been announced is valued at
more than $400 billion. Investment in the electricity sector alone,
including generation transmission, distribution networks, pipelines
and associated infrastructure, is expected to exceed $240 billion
by 20301.
