With government investment and streamlined planning, widespread electrification of Australian households can save energy and cut costs, shows analysis from not-for-profit Rewiring Australia.
Australia and NZ
The reliability outlook for Australia’s national grid is positive, despite record lows in minimum demand by 2025 due to growth in rooftop solar PV, says grid operator AEMO.
Australia's power sector is decarbonising as the country explores alternatives to fossil fuel exports, but without a net-zero goal and policies to drive mass deployment of clean energy technologies, these may falter, experts warn.
Data suggests the world's electricity storage pipeline is six times larger than existing capacity, as grid operators take advantage of rapidly declining battery costs.
Emerging partnerships between countries like Germany and Australia, backed by business interests and financial incentives, are laying the foundations for a global, green hydrogen market to replace fossil fuels.