Cheap scalable clean energy is central to managing one of Australia’s biggest vulnerabilities – our exposure to economic and social damage from climate change – and to achieving one of our biggest opportunities – the growth of world-scale industries producing green energy intensive commodities. Our immediate transition challenge, to replace the energy services provided by ageing coal fired electricity generators, is large and urgent. Our opportunity in energy intensive industries is longer-term, but intimidatingly colossal. Greatly lifting productivity in the construction, delivery and use of energy can be a major contributor to Australian prosperity. This will require better planning, better processes and clearer priorities.
1. Streamline Environmental Approvals
2. Improve Community Engagement
Communicate the shared benefits of energy projects for affordability, reliability, and climate.
3. Simplify Project Expectations
4. Embrace Automation and Smart Skills Planning
5. Advance Smart Electrification
Use coordinated tools (such as price signals, standards, education) to ensure that smarter energy use and electrification lowers unit energy costs rather than raising them.
6. Evolve Clearer Carbon Signals
7. Design Efficient Gas Security Policies
Allow supply- and demand-side options for gas suppliers to acquit potential forward-looking gas reservations.