Australia’s energy future is at a critical juncture. With one of the highest rates of rooftop solar saturation globally, the nation has embraced renewable energy in a way that reflects both environmental commitment and practical economics. Yet, this progress could be undermined by a potential turn to nuclear power – a choice that risks sidelining the investments made by millions of Australians in clean energy.
Your oven doesn’t care what generation source powers it up – so consumers with power plants of their own via rooftop solar or through battery energy storage systems need to be able to compete fairly with large generators.
Solar and wind are being installed at a rate that is three times faster than all other new electricity sources combined. This offers compelling market-based evidence that PV and wind are now the most competitive and practical methods for deploying new generating capacity.
As flow battery technology comes of age, Australia’s capacity to mine the critical minerals required, and manufacture flow batteries has a promising future on the back of embracing automation and supported by government funding.
There are four key Lessons the renewable industry to take away from 2024, cover storage, solar, and everything in between
All Australian energy customers could have their electricity costs reduced if flexible exports were enabled country wide.
Opposition Leader Peter Dutton’s plan for nuclear power in Australia has provoked a great deal of discussion and analysis – most of it critical, writes John Quiggin, a Professor of Economics at the University of Queensland.
The energy transition will bring more change in the next decade than over the last century combined, raising key questions for the Australian bush or the United Kingdom countryside about the role of social licence versus social value.
Australia is on the cusp of a once-in-a-generation transformation, as our energy systems shift to clean, renewable forms of power. First Nations peoples, the original custodians of this land, must be central to – and benefit from – this transition.
Australia is on track to reach the Albanese government’s 43% emissions reduction target by 2030, according to the most recent analysis by the Climate Change department.
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