Twelve months on from the release of NERA's first Sector Competitiveness Plan, winds of change are billowing the sails of Australia's energy resources sector, helping to steer the sector, and Australia, towards a sustainable and prosperous future.
In 2018, this Sector Competitiveness Plan Update captures some of those changes and reports on the progress NERA has made over the past two years to maximise the value to Australia's economy by supporting a globally competitive, high value and sustainable, energy resources sector.
This update arrives at the end of a period of intense and sustained capital discipline and tough management of cost structures in recent years. In 2018 however, we have seen Australia's energy resources sector switch course towards value creation, growth and building trust. As this year speeds up, the convergence of technologies and business models is disrupting the national economy and energy resources sector supply chains.
You can read the Update below: