Australia will need to triple the National Electricity Market’s power capacity by 2030 to be on track for net zero by 2050 – requiring a rapid rollout of wind and solar power, transmission, storage, electric vehicles, and heat pumps as it replaces the coal fleet.
This is a key finding of the Net Zero Australia project, which is a partnership of The University of Melbourne (UoM), The University of Queensland (UQ), Princeton University and Nous Group.
It is funded by gifts and grants from various sponsors and has received input from a diverse Advisory Group.
