Submission: Preparing for emerging industries across Northern Australia

30 January 2026
 

To: Joint Standing Committee on Northern Australia 
Re: Preparing for emerging industries across Northern Australia

Thank you for the opportunity for the Institute for Energy Economics and Financial Analysis (IEEFA) to provide input to the inquiry into preparing for emerging industries across Northern Australia.

IEEFA is an independent energy finance think tank that examines issues related to energy markets, trends and policies. The Institute’s mission is to accelerate the transition to a diverse, sustainable and profitable energy economy.

This submission is largely focused on the role of the Northern Territory in the energy transition, and does not include any comments relating to Queensland or Western Australia. IEEFA is solely focused on the transition to a lower emissions-intensive economy that is both profitable and affordable. We have no comments on the terms of reference questions outside this focus. 

In IEEFA’s view, the Northern Territory has vast renewable energy potential that could underwrite a low-emissions export industry as well as providing power to emerging industries in the Territory that also hold export potential, such as critical minerals and green ammonia.    
 

Kind regards,

Kevin Morrison, Energy Finance Analyst, Australian Gas
Kaira Rakheja, Energy Analyst, South Asia