| November 23, 2023

Australia’s Biggest Ever Renewables Announcement: Smart Energy Council Backs Capacity Investment Scheme

We are thrilled to share ground-breaking news that is set to reshape Australia’s energy landscape!

 

The Smart Energy Council has strongly welcomed the Australian Government’s announcement of a massive investment in renewable energy. The largest single investment in large scale renewables in Australia’s history.  A massive 32GW of new large-scale renewables and batteries to be built right across Australia by 2030.

“This is Australia’s biggest ever renewable energy announcement – a red letter day for renewables” said John Grimes, Chief Executive of the Smart Energy Council.

“We will see an extraordinary 32 gigawatts of new large-scale renewable energy by 2030, an ambitious build program between now and 2030.”

“This is a massive win for Australia – cheaper power bills for all Australians and jobs and investment in regional communities right across the country.”

“Today’s announcement gives the industry the confidence to invest and build, confidence for workers and investors, for regional communities and confidence for all Australians that power bills will continue to go down.”

“The Smart Energy Council congratulates the Albanese Government on this impressive announcement and urges all governments to sign up to the funding agreements and to begin the renewables auctions as soon as possible.”

“The Smart Energy Council played a critical role in the development of the Capacity Investment Scheme, which was agreed by all Australian Governments in December 2022.”

“We urge all governments to sign on to improved planning approval processes, which have been a major roadblock to the renewables roll out. Strong planning approval processes delivered in a timely way.”

“Whilst the Smart Energy Council strongly welcomes the investment in large-scale renewables, we need to see a similar investment in rooftop solar, battery storage, heat pumps and consumer energy. We urge all Energy Ministers to agree to a national consumer energy plan at their meeting in Perth on Friday.”

 

Why This Matters?

 

  • Massive Economic Impact: This investment is not just about cleaner energy but also about stimulating regional economies. Jobs and investments will be delivered across the country, fostering sustainable growth.
  • Cheaper Power Bills: With 32 gigawatts of new large-scale renewable energy, Australians can anticipate a positive impact on their power bills. This landmark initiative ensures affordability and accessibility for all.
  • Confidence for Investors and Workers: The announcement instils confidence in the industry, providing a secure foundation for investors, workers, and regional communities. It’s a win-win for everyone involved.

Smart Energy Council’s Critical Role

 

The Smart Energy Council played a pivotal role in the development of the Capacity Investment Scheme, garnering support from all Australian Governments in December 2022. Now, we urge all governments to sign on to improved planning approval processes to expedite the renewables rollout, ensuring strong and timely planning approvals.

Spread the Word, share this historic announcement with your network, friends, and colleagues. Let’s create a ripple effect that reaches every corner of Australia.

 

For more information:

AFR – Bowen dramatically expands green energy support

Renew Economy – Bowen has put a rocket under big renewables. Small-scale market must be next

 

 

 

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