3 Oct: Gas market report–Oct 2013
Bureau of Resources and Energy Economics
The Bureau of Resources and Energy Economics is an economic research unit within the Australian Government Department of Industry.
We provide professionally independent, high quality economic research, data, analysis and advice to governments, industries and other stakeholders on issues affecting Australia's energy and resources sectors.
- 27 November—Australian resources and energy production to boom
- Australia is now seeing a transition from the investment phase of the resources boom to the production phase, with18 projects completed at a record $30 billion between April and October, according to the Resources and Energy Major Projects—October 2013.
- 14 November—Chinese economy in stronger position
- The Chinese economy is now in a stronger position than it was eighteen months ago, with the economy growing 7.7 per cent (year to date) during the first three quarters of 2013, according to the latest release of The Westpac-BREE China Resources Quarterly.
- 23 October—Electricity generation major projects 2013
- This release of the Electricity generation major projects report covers the period from October 2012 to August 2013. Projects at the Committed Stage of development have received a final investment decision (FID) and have either started, or are about to start, construction. In this current issue BREE finds that there are 22 projects in the committed category with a total planned capacity of 2,689 megawatts and an estimated capital expenditure of $5.6 billion. To put this in perspective, and to show the scale of the pipeline in Australia, the total additional committed generation capacity is equivalent to 5 per cent of existing installed capacity in Australia.
- 14 October—Australian petroleum statistics: Issue no. 205
- The Department of Industy is responsible for the collection of national and state petroleum statistical information, from which it produces this monthly publication.
- 9 October—Beyond NEM and SWIS: 2011-12 regional and remote electricity in Australia
- The Bureau of Resources and Energy Economics launched a new report Beyond the NEM and the SWIS: Regional and remote electricity in Australia. The report is the first of its kind about electricity demand and supply in regional and remote areas of Australia. It provides a comprehensive ‘snapshot’ of electricity demand and supply during 2011 12, for those regions that are not connected to the National Electricity Market (NEM) or the South West Interconnected System (SWIS) electricity grids.
- 3 October—Australian gas markets to become more closely linked with international ones
- All of Australia's gas markets will become more closely linked to international gas markets, especially the Asia-Pacific market, as new LNG facilities are commissioned. First exports from the Eastern market, commencing in 2014, will herald a wave of growth in new capacity across Australia. This, and other issues of relevance to Australian and global gas markets are discussed in the Gas Market Report—October 2013, released today by BREE.
- 2 October—Bulk commodities and weaker dollar to underpin export value growth in 2017–18
- Substantial growth in bulk commodity export volumes, particularly for LNG and iron ore; as well as a lower Australian dollar exchange rate will drive Australian mineral and energy export revenues higher to $293 billion in 2017–18; according to the Resources and Energy Quarterly–September 2013.
- 15 August—Chinese economy continues to improve with potential for increased growth in 2013
- The Chinese economy grew at a rate slightly below its potential in the first half of 2013, as external headwinds and a less accommodative policy stance combined to suppress overall activity.
- 10 July—Australian Energy Statistics 2013
- The 2013 Australian energy update and 2013 Australian energy statistics contain detailed historical energy consumption, production and trade statistics spanning 1973–74 to 2011–12. The 2013 Australian energy statistics includes historical revisions back to 2002–03 that incorporate improved information from the National Greenhouse and Energy Reporting Scheme (NGERS), the Australian petroleum statistics and the addition of data for 2011–12.
- 26 June—Weaker dollar to support resources and energy export earning in 2013–14
- Australia's resources and energy commodity export earnings are estimated to have declined to $177 billion in 2012–13 as a result of lower commodity prices according to the Resources and Energy Quarterly—June quarter 2013.
- 12 June—Fast forward for China?
- The Resources, Energy and Tourism China Review—June 2013 provides an overview of the future China economy; key issues around its steel industry; a review of China’s domestic energy consumption, emissions and income inequality; and an in-depth review of the inbound tourism study market from China to Australia.