Towards 2050: Gas infrastructure in a net zero emissions economy – final report , the first independent, state-wide analysis of the implications of the energy transition for Victoria’s extensive gas infrastructure assets.

It aims to inform the Victorian Government’s Gas substitution roadmap, and guide broader government policy and investment decisions to achieve net zero emissions.

The report concludes that the world is changing and Victoria must change with it or risk missing out on a new wave of economic prosperity.

“Governments, businesses, and industry face a test navigating uncertainty in technology development, economic feasibility, and consumer choice. But this complexity and uncertainty cannot delay action. The scale of the global warming challenge means we must act now,” the report states.

“The opportunity for Victoria to be a global leader in the development of low emissions solutions, including biomethane, green hydrogen and other low emissions gases, needs swift action.”

To help achieve this, IV makes 11 recommendations to the Victorian Government:

1. Conduct regional strategic planning and trials for a diverse, decentralised low or zero emissions gas supply in Victoria
2. Scale up biogas and biomethane production for energy supply
3. Fast-track development of Victoria’s green hydrogen industry
4. Develop a roadmap to repurpose existing upstream gas assets and facilities
5. Drive sustained expansion and uptake of energy efficiency and targeted electrification programs contributing to Victoria’s emissions reduction targets and reduced natural gas use, with changing targets over time
6. Manage equity impacts of the transition to net zero
7. Remove barriers to all-electric developments so gas connections are not the default, and prepare for increased electrification of transport and buildings in the future
8. Invest in statewide communication, education, training and behaviour change programs
9. Review natural gas use in all Victorian Government operations and develop plans to achieve Victoria’s emissions reduction targets
10. Align Victorian Government gas policy and regulations with the legislated commitment to net zero emissions by 2050
11. Improve data collection and availability on energy use and energy-related emissions to assist planning of emissions reduction measures and review of progress.

IV asserts the scale of decarbonising Victoria’s economy, including the gas sector, means immediate and sustained action is needed through to 2050 and beyond.

“Ongoing targets and commitments will help drive transformation to net zero, encouraging businesses to invest in low emissions technologies and consumers to switch to alternatives and adopt new behaviours.”

IV’s advice was developed over 12 months and informed by evidence, modelling and significant stakeholder engagement.

The full report can be read here.