Private investment foregone: an analysis of the economic impact of a stalled clean energy transition

New analysis by Green Energy Markets commissioned by the Clean Energy Council has found that almost 29 gigawatts or $58 billion of new private investment in large-scale solar (13GW or $15.6b) and wind projects (16GW or $42.6b) would be foregone under the Coalition’s nuclear plan, which would cap renewable energy generation at 54 per cent.

The analysis also found that, should clean energy generation be capped at 54 per cent:
 
 • more than 42,000 full-time equivalent jobs would not be realised
 • up to $3.4 billion in landholder payments for those hosting renewable assets on their property would be lost
 • $696 million in direct community contributions would be relinquished
 • up to $68 billion of economic activity, which clean energy will generate for regional Australia as modelled by the Regional Australia Institute, would be foregone.