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Andrew Barger Presentation
- 1. Director – Infrastructure & Economics Andrew Barger QUEENSLAND – A VITAL PART OF INDIA’S GROWTH 11 May 2017 Third Energy and Resource Service Forum Australia India Business Council and Australia India Institute Mackay
- 2. COMMODITIES DRIVE TERMS OF TRADE • Australia’s extraordinary record - 26 years continuous economic growth • Commodity prices have driven Australia’s terms of trade for the last 28 years. Source: 2017-18 Budget paper 1, 9 May 2017
- 3. RESOURCES – NATIONAL CONTRIBUTION • Australia’s 12 years of steady growth in value of resource exports. • Growth forecast to continue. • For Queensland – LNG, coal and metal exports. Source: 2017-18 Budget paper 1, 9 May 2017
- 4. RESOURCE CONTRIBUTIONS TO QUEENSLAND (2015-16)
- 5. RESOURCES CONTRIBUTION TO MACKAY
- 6. GLOBAL ENERGY POVERTY • 1.2 billion people worldwide live without access to electricity • 2.7 billion rely on traditional fuels for cooking
- 7. ASIA: GROWTH OBSTACLES • Electricity supply is the largest obstacle to growth in developing Asia
- 8. COAL VITAL PART OF ENERGY MIX • Coal continues to play a vital role in global energy mix. • Coal supplies 29% of primary energy and in 2040 it will provide 23% of a much larger energy demand. (IEA 2016 World Energy Outlook)
- 9. INDIA ENERGY DEMAND BY SOURCE • Electricity demand increase 4.4% pa over the next 25 years • Coal generation capacity to double • Renewables increase to meet demand
- 10. LOWERING COAL EMISSIONS • HELE plants in operation today all around the world • IEA says more than half of coal fleet in developing countries will consist of HELE plants by 2040
- 12. Director – Infrastructure & Economics Andrew Barger QUEENSLAND – A VITAL PART OF INDIA’S GROWTH Questions are welcome
Editor's Notes
- You will hear us repeatedly say how much the resources sector contributes to Queensland and here’s what we contributed last financial year Infrastructure such as hospitals and roads, plus jobs that are the backbone of the community, doctors, nurses, teachers and police.
- 16% of people worldwide lack access to electricity 40% of the global population rely on the traditional use of biomass for cooking – that’s 2.7 billion people Sub-Saharan Africa remains the region with the greatest concentration of energy poverty Growth in incomes and improvements in living standards are severely hindered by lack of modern energy services
- Research by the Asian Development Bank has found that businesses reported the single largest obstacle to growth in developing Asia is poor electricity supply To provide sustainable economic growth and increased employment business and industry needs reliable electricity. To be reliable electricity systems require strong base load supply, from fossil fuels such as coal or nuclear.
- Coal continues to play a vital role in the global energy mix, under the IEA’s New Policies Scenario which takes account of all new policies, such as those under the Paris Agreement. Today coal supplies 29% of primary energy, in 2040 it will still provide 23% of an energy demand which has grown more than 30%. Coal will continue to be part of the energy mix for decades to come.
- Coal generation capacity will more than double between now and 2040. According to the IEA, 244 million people in India have no access to electricity. 63% of India’s population rely on wood or animal dung to cook. Coal will act as the de-facto energy source for electrification for India. It is not a choice between coal and renewables – both are needed and both will play a big role.
- Modern low emissions coal technologies are in existence and commercially operating today. They are currently being installed and used in many countries and are proven to provide efficiency gains and are financially viable. The IEA has forecast an increase in new HELE coal plants in the next 25 years. According to the Agency’s latest forecast, 730GW of these highly efficient plants will be built by 2040, and that more than half of the coal fleet in developing countries will increasingly consist of HELE plants by 2040. Townsville/North Queensland HELE plant
- The campaign builds on the concept that everything that is not grown in this room comes from resources and to demonstrate the industry’s long term, essential role in our community. Due to the growing debate over climate change, a push towards a clean energy future, and well-funded and large-scale activist campaigns, uncertainty has been created among the general Queensland population around the longevity and environmental performance of our resources sector. The purpose of the campaign was to showcase we would not enjoy the luxuries we have today were it not for the fruits of our sector. It also shows that we couldn’t have innovation without our sector – an idea would remain just that - without our products to bring them to life. - The campaign shows that we cannot have key renewable energy infrastructure such as wind turbines, solar panels or electric cars without resources. - Resources and renewables are perfect partners, and together will sustain our future. - The campaign had successful penetration through traditional media, digital media, and outdoor advertising but in particular, the video which received well over a million views.