Business
AEMO says Australia “well ahead” of 90 per cent renewables scenario for 2040 – RenewEconomy
AEMO says record installations and growing pipeline of wind, solar and storage mean Australia is well ahead of “step change” scenario.
The Australian Energy Market Operator says the rate of wind and solar additions on the country’s main grid, and the huge and growing pipeline, means it is “well ahead” of its most optimistic renewable transition scenario of 90 per cent renewable energy penetration by 2040.
AEMO chief systems design officer Dr Alex Wonhas said in a statement on Monday that a further 300 generation and storage projects, totalling 55,000MW, were currently proposed across the NEM, nearly double its current total installed…
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