Australia is in the middle of an energy revolution.
'The Real Cost of Net Zero ': Inside the Albanese government's renewable energy push and what it means for struggling Australians
Mr Westerman says gas will be essential to ensure the reliability of the grid - to 2050 and beyond - as the cost of trying to cover long periods of low wind and solar generation without it would be prohibitive. Let’s underline this point: the government plan to build a weather dependent grid won’t work without gas and will be much more expensive if we can’t get enough of it.In Perth we met Meg O’Neill, chief executive of Woodside, the company that began liquified natural gas exports from Western Australia. Woodside also owns half of the Bass Strait joint venture which supplies domestic gas to NSW and Victoria, but it is running dry.
“Yeah, it's not something that logically comes to mind,” Mr O’Brien says. “But certainly in a lot of food manufacturing environments steam and hot water are critical requirements. To be able to do that, you normally have boilers because you need to get to 90 degrees or more, and boilers are most efficiently run and in most environments these days are run on gas.”
“I know when we look at the boilers, we start talking numbers in the tens of millions of dollars and that's just at the one site down in Claremont.”“Our energy prices in the last five years have gone up more than one third and our gas prices have doubled.” Mr O’Brien says “I know talking to all my peers across the manufacturing sector, energy is one of the key topics that they will talk to first.”In Washington is a man with a job that is unique in the world of electricity generation.
His job is to make sure these technologies are matched with the existing system and is agnostic about the form of generation. His key concern is that electricity meets all of the demands its customers have for it. This not-for-profit body has spent 50 years leading the world in researching how to deliver “safer, more reliable, more affordable, more environmentally responsible electricity for society”.“We built our electricity systems around the world with essentially dispatchable technologies for matching frequency,” Mr Caravaggio said. “What do I mean? If you use more electricity I can give you more electricity. Use less, I can turn them down. With wind and solar it’s not like that.
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