Report Calls for Renewable Energy Shift
Australia's new report reveals that Australia is among the most exposed countries in the Indo-Pacific under a fossil fuel-based energy security model. The report urges a swift transition to renewable energy systems.
Titled 'The New Energy Security', the report evaluates energy security across major Indo-Pacific economies. Australia is found to be highly vulnerable due to its substantial fossil fuel consumption, insufficient liquid fuel reserves, and heavy reliance on imported oil.
Cyan Ventures' analysis shows that China, with its large stockpiles and early transition to clean energy, is the least exposed. South Korea also follows this path, viewing the current fuel crisis as an opportunity to accelerate renewable energy adoption.
Rob Law, WWF-Australia's Senior Manager for Energy Transition, said, "The idea that we can drill our way to energy security and independence is increasingly wrong." He explained that fossil fuel expansion increases exposure to global shocks and geopolitical risks.
Australia Risks Falling Behind
The report cautions that Australia risks being left behind as Indo-Pacific economies rapidly restructure their energy systems to reduce fossil fuel dependence. China has reduced its reliance on fossil fuels by developing clean energy systems, while South Korea is accelerating its transition to renewables.
Camille Malbrain, WWF-Australia's Renewable Exports Manager, emphasised the urgency, stating, "Our neighbours are not debating whether to move beyond fossil fuels. They are deciding how fast and with whom." Australia must act quickly to avoid being linked with an outdated energy model.
Australia stands to gain significantly by shifting to a renewables-based energy security model. The country possesses abundant renewable resources, technical expertise, and a strategic location, which can be leveraged to lead this transition.
The report calls on the Australian Government to prioritise renewable energy security through comprehensive strategies, regional partnerships, and significant investments in clean energy systems. It highlights the need for urgent action to integrate Australia into the growing regional shift towards renewables.
The current global energy crisis, exacerbated by the war in Ukraine, underscores the vulnerability of relying on fossil fuels. As global gas prices surged, even countries like Australia, which produce more coal and gas than they need domestically, felt the impact.
Last updated: 5 May 2026, 12:06 pm
