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Energy roadmap to net zero released

The Australian Energy Market Operator (AEMO) has released a 25-year roadmap to transition the National Electricity Market (NEM) to net zero by 2050.

The Integrated System Plan (ISP) confirms that renewable energy connected with transmission and distribution, firmed with storage and backed up by gas-powered generation, is the lowest-cost way to supply electricity to homes and businesses as Australia transitions to a net zero economy.

The plan identifies almost 10,000km of new transmission lines are required by 2050 to connect new sources of generation and meet reliability targets at the lowest cost to consumers.

Five projects, or 2,500 km, are already underway as committed and anticipated projects. The plan identifies a further 12 projects that are actionable and should continue through planning and delivery.

Crucial technologies factored into the roadmap are domestic rooftop solar panels and associated batteries, smart systems and electric vehicles, also known as consumer energy resources.

Home batteries, if well-coordinated, can save consumers around $4.1 billion in avoided costs for additional grid-scale investment.

‘Consumers are already a driving force in Australia's energy transition and this is set to continue. 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,’ AEMO CEO Daniel Westerman said.

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2024 Integrated System Plan 

AEMO media release