Energy transition

As coal retirement accelerates in NSW, we need to move quickly to develop system security services from alternative sources.

As the AEMO’s 2022 Integrated System Plan (ISP) states, the investment in new transmission required to transition Australia to a renewable energy-based power system needs to begin ‘as urgently as possible’.

Australia's energy transformation will need significant upgrades for renewable energies, more storage, complex network management, and, importantly, the installation of more than 10,000km of new transmission lines.

As the IPCC declares “code red for humanity”, Australia adopts a net zero commitment and COP26 comes to a close, Australian and global focus turns to what practical steps are required to decarbonise our economy.

As Australia moves to a Net Zero economy, surging demand for electricity, an influx of geographically diverse renewable energy generation, and an increasingly important role for energy storage will reshape our energy system, requiring a significant expansion of and investment in the transmission network.

Transgrid recently announced its Energy Vision for Australia’s electricity system, using detailed scenario modelling to assess the implications of emerging technologies, trends and policies on the future development of the grid. The modelling makes it abundantly clear: the transition towards a clean energy future is unstoppable – even if we keep on our current course.

Transgrid’s recently announced Energy Vision suggests we have a unique opportunity to become a global, clean energy leader, in the process supercharging our economy and creating a brighter future for all Australians.

Sydney has marked a big step in the transition to a clean energy future with the launch of the largest electric bus fleet pilot seen in Australia. Executive Manager Strategy, Innovation and Technology, Eva Hanly, explains why it is an innovation sweet spot.