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Economic impact assessment of hydraulic fracturing in the Beetaloo Basin — awarded to ACIL Allen Pty Limited

About

Department of Treasury and Finance awarded a contract to ACIL Allen Pty Limited for an economic impact assessment of gas development in the Beetaloo Sub-basin.

The scope required estimating and forecasting gas demand and energy price dynamics in the national energy market, undertaking a gas price impact assessment for the Northern Territory and East Coast Gas Market, and modelling industry-level and macroeconomic impacts across a range of macroeconomic indicators.

The contract specified an estimated delivery period of approximately three months and required the preparation of detailed workings, a high-level public report, and ministerial/senior official presentations of findings.

Insight

The remit—requiring gas-demand and energy-price modelling plus macroeconomic impact analysis—aligned with capabilities of specialist economic consultancies with energy-market modelling expertise, and the specified deliverables (technical workings, public report, ministerial briefings) indicate the award was intended to produce both technical evidence and material for senior decision-makers on Beetaloo Basin gas development.

Value
$467,379.00
State
NT
Category
Consultancy & Legal

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