Renewables rebound after slump but must speed up to hit Labor’s 2030 energy goals

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Renewables rebound after slump but must speed up to hit Labor’s 2030 energy goals
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Narrative that transition has stalled ‘demonstrably not true’, researcher says, but investment and construction must accelerate

The Clean Energy Council estimates that Australia will have more than 25GW of rooftop solar by the end the year, with more than 3.7m homes and small businesses equipped.The Clean Energy Council estimates that Australia will have more than 25GW of rooftop solar by the end the year, with more than 3.7m homes and small businesses equipped.

Dylan McConnell, an energy systems researcher at the University of New South Wales, said: “There is this narrative that has developed that the transition has stalled and that’s demonstrably not true. It is happening, it just needs to speed up.” The climate change and energy minister, Chris Bowen, said the data showed the national grid supplying the five eastern states was expected to run on 42% renewable energy this year.The regulator said final investment decisions were made on 1.8GW of new large renewable developments in the first half of the year. This surpassed 1.6GW in total commitments in 2023.

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