Energy Policies of IEA Countries.
Australia is rich in low-cost energy resources, especially coal. The country exports large amounts of coal, liquefied natural gas and uranium to the Asia-Pacific region and beyond. This contributes to international availability and security of energy supply. Efforts are under way to increase LNG exports and to make Australian coal even more competitive. For most of the past decade, Australia has been at the forefront of energy market liberalisation. Following liberalisation by individual states in the early 1990s, the competitive National Electricity Market was established in 1998. The NEM int. Read more...