needs in the coming decades, but a combination of renewables, storage and gas will nonetheless provide households with the cheapest power, a key report has found.
Renewable energy with extra gas and storage is the cheapest form of energy in Australia, but more wind and solar power is needed – and quickly. Grid-scale solar and wind needs to more than double from 21 to 55 gigawatts by 2030 if Australia is to meet both its energy needs and emissions targets, according to the report.
"Consumers are already a driving force in Australia's energy transition and this is set to continue," Westerman said. But the energy regulator said nuclear would be both more expensive than the current plan, and too slow to fill any shortfalls from coal plant closures.
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