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According to a new report from the Australian Energy Market Operator (AEMO), coal could account for just 6%
of Australia's electricity mix by 2040.
Coal generation could account for only 6% of Australia's electricity mix by 2040
The report shows that investments in solar, wind, storage, natural gas and transmission need to generate 90 terawatt hours of energy to fill the void
left by coal.
To achieve this, the capacity to transmit electricity across the country must be increased, and South Australia's power system must be strengthened, with an estimated investment of around $650 million
.
AEMO said transmission capacity between NSW and South Australia would have to increase by 750 MW by mid-2020s, interconnection capacity between Victoria and South Australia by 100 MW, and transmission capacity between Queensland and NSW by 378 MW
.
Whatever happens, coal will still play a role to some extent, the report added, as the average lifespan of the 20 existing plants is expected to last 27 years
.
"AEMO's projections confirm that the national energy market is at a critical juncture and that infrastructure planning decisions made over the next two years will shape the future of
the East Coast energy system for decades to come," the report said.
”
,
According to a new report from the Australian Energy Market Operator (AEMO), coal could account for just 6%
of Australia's electricity mix by 2040.
Coal generation could account for only 6% of Australia's electricity mix by 2040
Coal generation could account for only 6% of Australia's electricity mix by 2040The report shows that investments in solar, wind, storage, natural gas and transmission need to generate 90 terawatt hours of energy to fill the void
left by coal.
To achieve this, the capacity to transmit electricity across the country must be increased, and South Australia's power system must be strengthened, with an estimated investment of around $650 million
.
AEMO said transmission capacity between NSW and South Australia would have to increase by 750 MW by mid-2020s, interconnection capacity between Victoria and South Australia by 100 MW, and transmission capacity between Queensland and NSW by 378 MW
.
Whatever happens, coal will still play a role to some extent, the report added, as the average lifespan of the 20 existing plants is expected to last 27 years
.
"AEMO's projections confirm that the national energy market is at a critical juncture and that infrastructure planning decisions made over the next two years will shape the future of
the East Coast energy system for decades to come," the report said.
”
,