Australia’s Clean Energy Pipeline Expands
The Australian Energy Market Operator (AEMO) has reported a 24% increase in new generation and storage capacity across the National Electricity Market (NEM), reaching 56.6 GW.
This growth is driven by grid-scale batteries and hybrid solar projects, according to AEMO’s latest “Connections Scorecard”.
The latest insights show a strong and growing pipeline of new energy projects entering the market to meet consumers’ growing electricity needs.
AEMO tracks the progress of new projects quarterly, from initial application to full output, and the development pipeline now stands at 56.6 GW of new capacity.
AEMO Onboarding and Connections Group Manager Margarida Pimentel notes that the expanding pipeline reflects strong momentum across governments and industry to deliver new energy capacity and support a reliable power system.
The clean energy pipeline has grown significantly, with a 24% increase over the past year, indicating a positive trend in Australia’s energy sector.
Author's summary: Australia's clean energy pipeline grows 24%.More News
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