The stark warning comes in the latest ‘State of the energy market’ report for 2023, released by the Australian Energy Regulator on Thursday.
In 2022, the federal government committed to an 82 per cent renewable energy target by 2030. Picture: NCA NewsWire / Martin Ollman At the same time, the rollout of approximately 10,000km of transmission infrastructure that is required to carry green energy across the has been delayed in the face of sustained community opposition.
“There are also major and urgent pressures for investments to keep pace with the energy transition and retirement of coal generation,” it says. The closure of AGL Energy's Liddell Power Station will be followed by a further four closures in the next decade. Picture - Supplied
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