In 2015-16, oil, including LPG and refined products, accounted for the largest share of Australian energy
consumption at 37 per cent. This is followed by coal at 32 per cent. After five years in a row of decline, coal
consumption rose by 2.5 per cent in 2015-16, underpinned by increased black coal use in electricity generation.
Natural gas accounted for 25 per cent of energy consumption while renewable energy sources accounted for the
remaining six per cent of total energy consumption. In response to forecast shortfalls for the domestic market in
2018-19, the Australian Government signed an agreement with three major LNG exporters to offer sufficient gas
to the domestic market. In 2017, the Australian Government implemented the Australian Domestic Gas Security
Mechanism to ensure a sufficient supply of natural gas to meet the forecast needs of Australian consumers. The
2017-18 Federal Budget also provided around $90 million to expand and accelerate ongoing gas market reforms
aimed at promoting transparency and liquidity in the market. Australia does not consume any nuclear energy.