Market, investment and grid

We collaborate with market bodies and governments to inform policy design that adequately incentivises the renewable energy industry. 

One of the most ambitious investment packages, the Capacity Investment Scheme, will ensure Australia reaches the Federal Government's target of 82 per cent renewable energy by 2030. 

We also work closely with state governments as they develop Renewable Energy Zones (REZs) and investment support schemes such as Long-Term Energy Service Agreements in New South Wales. 

We have a strong investment focus, making sure macro trends are reflected and inform policy making.

We work to modernise the regulatory environment, helping Australia connect clean energy projects.

It is important to make the most of the existing grid, advocating for improvements that reduce the need for the expensive rollout of major transmission infrastructure. 

Equally important is for Integrated System Plan major projects to be supported to deliver critical infrastructure as the power system transitions to high levels of renewable energy generation. 

The balance between the two, with support from technical standards and novel technologies, has long-term value for consumers, ensuring energy prices remain predictable during the energy transition. 

The stability of the power system requires a combination of energy storage technologies. In addition to battery energy storage, we are also focused on alternative long duration storage (ALDES) solutions. The extensive portfolio of ALDES technologies includes compressed air, pumped hydro, gravity storage, metal air batteries, redox flow batteries, thermal batteries, concentrated solar with energy storage and chemical energy storage using hydrogen. 

The functions of these diverse technologies will ensure Australia’s power system is strong, secure, reliable and affordable in the long-term. 

Reforming the transmission network in Australia is complex and ongoing. Delays in transmission development are hindering the transition to net zero and driving up power prices. To enable a smooth transition, networks need to install more than 10,000 kilometres of new transmission lines to ensure we can connect the renewable generation our system will need.

We work with governments and industry bodies, alongside our members, to facilitate the best possible reforms that benefit industry and incentivise investment while accelerating the clean energy transition.