Australia Power Q4 2019
Thermal power sources will maintain its dominance in Australia's power mix over the next 10 years, supported by thegovernment's ongoing preference for fossil fuel power generation. The country's shift towards cleaner fuels will see gas-fired powergeneration increase by an annual average of 1.9% between 2019 and 2028, increasing its share from 22% in 2018 to nearly 24% in2028. Conversely, the gradual closing of old coal projects will result in the share of coal in the power mix eroding from around 60% in2018 to 50% in 2028.
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