World’s fastest energy transition: AEMO maps path to 94 per cent renewables

Source: RenewEconomy

31st July 2020

The Australian Energy Market Operator says Australia is in the midst of what is likely to be the world’s fastest energy transition. And it has just finalised its 20-year blueprint to make sure that the shift from coal to a grid dominated by wind, solar and storage can happen smoothly and delivers the promised savings in costs and emissions.

The final version of the 2020 Integrated System Plan was presented to state and federal ministers in the past week and released to the public on Thursday. But the central message is this: The energy transition is inevitable, it’s accelerating and there’s not much point in resisting it. “This system is now experiencing the biggest and fastest transformational change in the world,” it says.

“It is inevitable. It is just who we are and what we are,” AEMO boss Audrey Zibelman told RenewEconomy in an interview ahead of the release. “We are at a position where the existing coal fleet is coming to an end of its technical life and is going to retire.”

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