To meet the federal government’s 82% renewable energy target (RET), the majority of Australia’s current coal fleet must be retired and replaced with approximately 6–7 GW of new large-scale renewable generation annually, along with several gigawatts of storage.
Nearly every major renewable energy project over the past decade has been heavily subsidised by the government (taxpayers).
Advertisement
Despite these subsidies, Australia’s transition to large-scale renewable energy has slowed to a crawl.
