This year will set a record for the addition of renewables to the grid, according to figures to be released on Thursday by the Clean Energy Regulator.
It projects the average annual renewable share of the electricity market will be 45% in 2025. The Albanese government’s target is 82% by 2030.
Total added capacity of renewables is expected to be 7.2 to 7.5 gigawatts in 2024, says the CER, which is responsible for accelerating carbon abatement.