The Origin Beetaloo Basin Exploration project has been using fracking techniques safely and successfully in the NT, helping to provide lower energy prices and greater energy security to the area.
Fracking is the process of drilling down into the earth and using a high-pressure water mixture to release the gas inside. Not only is this method more efficient than traditional fossil-fuel energy-production, fracking also reduces air pollution, and causes fewer carbon emissions. Here’s how:
Global energy-production emissions have been one of the major contributors to environmental damage inflicted over the last century. It is now crucial that Australians find safe, reliable, affordable alternatives to generate energy.
When it is used to replace coal in electricity generation, gas plays a key role in reducing emissions globally. This is because natural gas has about half the emissions of coal. It is also more flexible and able to support sudden changes in wind and solar power.
Using fracking techniques to extract natural gas, The Origin Beetaloo Basin Project can help the NT transition to a lower emissions future, whilst providing the energy we need to excel.
The Exploration Beetaloo Basin Project aims to reduce the damage being done to the environment in a number of ways. By 2020, the Northern Territory can expect to have 25% of energy generation coming from solar and wind. But by replacing coal energy with natural gas, the Origin Exploration Beetaloo Basin hopes to help the electricity sector achieve net zero emissions by 2050 or earlier.