It is misleading to view coal power generation on a global basis or suggest that coal use is declining worldwide. There are key regional differences in coal power generation markets that reveal that coal use in Asia is rising significantly.
Even though coal is mainly an export industry coal use still underpins the national electricity market (NEM). In 2013-14, 87%, 86% and 75% of NSW/ACT, Victorian and New South Wales’ grid electricity was generated from coal.
Speech at CEDA’s Energy Series,
Hilton Hotel, Sydney.
If serious effort is to be made in Australia and internationally to combat the risks posed by climate change, many low-carbon and renewable technologies will have to play a role, and Carbon Capture and geological Storage must be a key component.