New report shows that Australia''s transition to net zero by 2050 is accelerating more quickly than expected. Countries that have excess low-cost renewable energy will be at a distinct advantage going forward. Australia is extremely well-positioned, with options to export that energy, or use it in industrial production or for energy
Supporting Australia to reduce, offset and track our emissions. GW of new renewable energy capacity expected to be added in 2024. 5.8. million ACCUs issued in the first half of 2024. Latest news and media. View all news arrow_right_alt View all media releases arrow_right_alt. Safeguard. ACCU. Markets. News.
MELBOURNE, Australia--(BUSINESS WIRE)-- Rio Tinto has signed Australia''s largest renewable power purchase agreement (PPA) to date to supply its Gladstone operations in Queensland, agreeing to buy the majority of electricity from Windlab''s planned 1.4GW Bungaban wind
On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today opened applications for the $2 billion Hydrogen Headstart program. Announced in the 2023-24 budget, the program aims to catalyse Australia''s hydrogen industry to take advantage of Australia''s unpa...
Up to 2027, the IEA forecasts Australia''s renewable energy capacity to expand by 85% to reach 40 gigawatts (GW), thanks to the introduction of ambitious targets and increased clean energy funding at federal and state levels, PPAs, and
As it stands, neither the 2030 nor the 2050 goal looks plausible, industry analysts say. "At the moment we''re getting towards 40 per cent renewables [this year]," Windlab engineer David Osmond says.
Alan Benn at his Perth home which has solar, an EV and a home battery system. (ABC News: Rhiannon Shine)Officially, according to the Clean Energy Regulator, there were 507,862 solar installations
Australia''s renewables deployment has a positive outlook thanks to the success of rooftop solar, ambitious targets, and increased funding at federal and state levels. Three million Australian households, the equivalent of
Australia is a world leader in renewable energy, and cheap, clean electricity is integral to lowering emissions in the electricity sector and other industries in Australia. The Plan shows how our priority technologies will deliver 85 per cent of the emissions reductions necessary to achieve net zero by 2050.
The figure shows Australian electricity generation from renewable sources in gigawatt hours from 1998-99 to 2022-23. The composition of renewable energy in Australia has diversified significantly as wind and increasingly solar capacity has come online, with the share of hydro declining. News. Making EV road trips easier. Wednesday 30
The report gives a comprehensive snapshot of the Australian clean energy sector, its progress and achievements. With a fantastic set of results for rooftop solar and record-breaking figures for investment in utility scale storage, 2023 was another strong year for renewable energy in Australia.
Australia''s energy system faces a big transformation in the coming years. By 2030, the Australian Energy Market Operator (AEMO) predicts solar and wind capacity in the national grid will triple. Rooftop solar capacity is expected to double. Storage capacity is also set to increase by a factor of six.. That''s why Australia needs a well-rounded strategy to integrate
Australia has joined more than 100 other countries across the globe in committing to a tripling of renewable energy capacity by the end of the decade in another coup for the organisers of this
The Clean Energy Council is Australia''s renewable energy association. We help residents & industry transform energy systems for a smarter, cleaner future. Stay informed with latest news and insights. Submissions Submissions. View our submissions to governments and industry bodies. Reports
The group, which is comprised of technical experts, said renewable energy was "tracking towards" 50 per cent of Australia''s electricity generation in 2025, a share that was expected to rise to 69
After years working in finance, he started investing in renewable energy in 2017 and has overseen the development of dozens of large projects in Australia, the US, Africa and elsewhere.
Within seven years, the government wants 82 per cent of Australia''s power to come from renewable sources, including wind, solar, batteries and pumped hydro — up from about 35 per cent now.
Australia has ambitious plans to generate more than 80 per cent of its power from renewable sources by 2030. But a growing number of experts say the country is way behind where it should be.
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The Prime Minister and two veteran economists last week made impassioned calls for Australia to become a renewable energy superpower. Here''s chief political correspondent Laura Tingle.
Renewable energy accounted for 35.9 per cent of Australia''s total electricity generation in 2022, up from 32.5 per cent in 2021. Australia has more than doubled the amount of renewable energy since 2017 when renewable energy accounted for just 16.9 per cent of generation."There''s significant cause for optimism at a time when ageing fossil fuel-based
Up to 2027, the IEA forecasts Australia''s renewable energy capacity to expand by 85% to reach 40 gigawatts (GW), thanks to the introduction of ambitious targets and increased clean energy funding at federal and state levels, PPAs, and new projects announced in
The Integrated System Plan (ISP) confirms that renewable energy connected with transmission and distribution, firmed with storage and backed up by gas-powered generation, is the lowest-cost way to supply electricity to homes and businesses as Australia transitions to a net zero economy.
Key statistics from the Clean Energy Australia 2024 report:. Renewables account for 39.4 per cent of Australia''s total electricity supply. 5.9 GW of new renewable generation capacity added in 2023.2.8 GW of new large-scale renewable generation capacity completed construction and was added to the grid.
News . Making EV road trips easier. Securing a reliable renewable energy future for Australia and the ACT . The Renewable Energy Transformation Agreement (RETA) has been signed between the Australian Government and ACT Government to
The 2022–23 financial year set a record for Australia''s clean energy supply. Renewable generation increased 11 per cent, accounting for 34 per cent of Australia''s electricity generation. Solar electricity generation grew 21 per cent in the 2022–23 year
Australia''s plentiful solar and wind resources and proximity to Asia means it can become a renewable energy superpower. But as the renewable energy rollout continues, Aboriginal and Torres Strait
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