Record renewables go into the grid in 2024, generating 45% of electricity in 2025
This year will set a record for the addition of renewables to the grid, according to figures to be released on Thursday by the Clean Energy Regulator.
It projects the average annual renewable share of the electricity market will be 45% in 2025. The Albanese government’s target is 82% by 2030.
Total added capacity of renewables is expected to be 7.2 to 7.5 gigawatts in 2024, says the CER, which is responsible for accelerating carbon abatement.
Large scale power station approvals this year are expected to exceed a capacity of 4.2 GW, after the approval of Australia’s largest wind farm, MacIntyre wind farm in Queensland at 923 MW.
The new generation capacity is mainly wind (70%) and “will result in a material step up in the share of renewables as these new power stations reach full generation in........
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