Bureau of Resources and Energy Economics

Bureau of Resources and Energy Economics

From 1 December 2014 the Bureau of Resources and Energy Economics will be consolidated under the Office of the Chief Economist within the Department of Industry along with the other economic analysis activities of the department. The Office of the Chief Economist’s primary goal is to produce objective, robust and high quality economic analysis to inform policy development across resources and energy, industry and innovation, skills and evaluation. From 1 December, relevant information will be found at industry.gov.au/oce. For more information see the Office of the Chief Economist Question and Answers.

The Bureau of Resources and Energy Economics is an economic research unit within the 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.

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Recent updates

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26 Nov—Update on resources and energy investment

Resources and Energy Major Projects is a biannual publication that provides analysis of resources, energy, infrastructure and processing projects. The data in this publication comes from a wide variety of sources and provides a snapshot, at the end of October 2014, of the pipeline of investment in Australia's resources and energy sectors. The report is accompanied by the major projects list which provides the data set the report is based on.
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26 Nov—Release of Gas Market Report 2014

The Gas Market Report provides analysis of the Australian gas industry, projections of future growth in LNG exports, and a closer examination of issues including the cost competitiveness of Australia’s LNG industry and the economic impacts of the coal seam gas industry in Queensland.
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25 Nov—Release of Electricity Generation Major Projects 2014

Renewable technologies dominate investment proposals for electricity generation projects over the short to medium-term marking a shift from the more traditional fuel sources, according to a new report from the Bureau of Resources and Energy Economics (BREE).
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20 Nov—Release of Energy in Australia 2014

The energy industry continues to be an important contributor to the Australian economy, according to Energy in Australia 2014, released today by the Bureau of Resources and Energy Economics (BREE). ‘In 2013–14, the energy industry accounted for 7 per cent of Australia’s GDP and $71.5 billion in export earnings’, said Wayne Calder, Deputy Executive Director of BREE.
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19 Nov—Long-term projections for Australia’s energy consumption released

Australian Energy Projections to 2049-50 shows Australia’s primary energy consumption is projected to grow by 42 per cent to 2049-50, at an average annual rate of 1 per cent a year. This moderate growth reflects a long-term fall in energy intensity, accelerated by drivers such as energy efficiency, increased use of renewables, and a move toward less energy-intensive sectors such as the commercial and services sector relative to energy-intensive sectors such as manufacturing. Electricity generation is projected to grow at the rate of 0.8 per cent a year to 2049-50. Electricity generation from renewable technologies is expected to be 22 per cent of total generation in 2019-20. With declining oil production and limited prospects for an expansion of refinery capacity, coupled with recent refinery closures, Australia’s net trade position for crude oil and refined petroleum products is expected to deteriorate over the outlook period.