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Deployment of Renewable Energy and Utility-Scale Batteries in Australia: Lessons Learned and Policy Implications for Other Countries

In: Large-Scale Development of Renewables in the ASEAN

Author

Listed:
  • George Grozev

    (University of Wollongong)

  • Ty Christopher

    (University of Wollongong)

  • Pascal Perez

    (Australian Urban Research Infrastructure Network (AURIN))

Abstract

The huge potential of renewable energy to reduce greenhouse gas emissions has already been demonstrated in Australia, which is positioned well at the forefront of the renewable energy transition despite often changing energy policy. This chapter reviews the most recent trends and outcomes of renewable energy utilization in Australia’s National Electricity Market (NEM). The purpose of this review is (1) to update the most recent renewable energy and battery developments in the NEM, (2) to describe the energy dynamics in South Australia, the most advanced Australian state in terms of penetration of wind and solar PV generation, (3) to summarize current and future cost projections of renewable generation technologies in Australia, and (4) to summarize the main policy support schemes used in Australia to facilitate renewable energy investments. This chapter could help inform energy and climate policy decision making in Australia and other countries, including in Southeast Asia.

Suggested Citation

  • George Grozev & Ty Christopher & Pascal Perez, 2024. "Deployment of Renewable Energy and Utility-Scale Batteries in Australia: Lessons Learned and Policy Implications for Other Countries," Economics, Law, and Institutions in Asia Pacific, in: Han Phoumin & Rabindra Nepal & Fukunari Kimura & Farhad Taghizadeh-Hesary (ed.), Large-Scale Development of Renewables in the ASEAN, chapter 0, pages 145-179, Springer.
  • Handle: RePEc:spr:eclchp:978-981-99-8239-4_7
    DOI: 10.1007/978-981-99-8239-4_7
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