…”The market operator said grid-scale wind and solar projects would increase six-fold by 2050, while there would be four times the amount of rooftop solar in the time period.
“Consumers are already a driving force in Australia’s energy transition and this is set to continue,” Mr Westerman said.
“If consumer devices like solar panels, batteries and electric vehicles are enabled to actively participate in the energy system, then this will result in lower costs for all consumers.” The Smart Energy Council’s chief executive John Grimes welcomed the release of the report, saying it outlined a clear path towards 2050. “The total rollout cost to 2050 is $122 billion, to be almost entirely funded by the private sector. This is a fraction of the federal opposition’s beer-coaster economics claiming the energy transition will cost $1.5 trillion,” he said. “We note the absence of modelling for nuclear power in the (report) because nuclear power is illegal in Australia.”
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