Research: Renewable Energy Superpower

A vision for Australia

The transition to a low-carbon world will bring major changes to the energy system, international trade and the distribution of energy-intensive production. This new era will be fuelled by $2.5 trillion of annual investment in clean energy, according to the International Energy Agency. Renewable Energy Superpower explores Australia's unparalleled advantage to generate solar and wind energy - enough to power the world for 10 years.

Australia in prime position

Australia is in prime position to create jobs and attract investment. This report explores how Australia can take advantage of three key opportunities for renewable energy superpowers: supplying renewable energy and efficiency equipment, attracting energy intensive industries and exporting renewable energy commodities.

Australia in prime position

Rapid decarbonisation is necessary for Australia to contribute its share of global emission reductions and avoid dangerous climate change. Early action means Australia can also capitalise on the global energy transition. To get there, we first need to rapidly decarbonise our domestic energy system.

Main opportunities for renewable energy superpowers:

US$28 trillion is expected to be invested globally in renewable energy and efficiency equipment by 2035; more than coal, oil and gas development combined
The economics of renewable energy will precipitate migration of energy intensive trade expose industries, currently generated US$2.3 trillion in annual trade value

Production and export of renewable energy commodities, such as biofuel, hydrogen and electricity

Australia can be a renewable energy superpower

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All nations have access to renewable energy resources. This will fundamentally change the international energy trade. Energy from high quality renewable energy resources can be half the cost of energy from poor resources. Nations with abundant, low cost energy will be the energy Superpowers of the renewable energy era. Australia can be a renewable energy superpower.

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Latest Industry news & events

Beyond Zero Emissions welcomes the formal approval of the Future Made in Australia package of legislation which will enable Australia to prosper in the global shift to net zero.

Media releases

Economy

November 28, 2024

Beyond Zero Emissions welcomes the passing of the Future Made in Australia legislation

Beyond Zero Emissions welcomes the formal approval of the Future Made in Australia package of legislation which will enable Australia to prosper in the global shift to net zero.

Media releases

Energy

September 10, 2024

CCA recommendations charts the right way forward towards net zero

Beyond Zero Emissions welcomes the Climate Change Authority’s Sector Pathways Review.

BZE welcomes new battery projects announced under Capacity Investment Scheme

Media releases

Manufacturing

September 5, 2024

BZE welcomes new battery projects announced under Capacity Investment Scheme

Beyond Zero Emissions welcomes the Federal Government’s announcement of nearly 1GW’s worth of new energy storage that six new battery projects will bring to the nation.

Media releases

Energy

August 31, 2024

BZE welcomes $550m Solar Sunshot

Beyond Zero Emissions welcomes the Australian Renewable Energy Agency’s (ARENA) announcement of the first $550m of the $1 billion Solar Sunshot program

Cleantech Showcase

Discover the Australian clean technologies decarbonising our energy, buildings, mining and transport sectors.

Explore the Cleantech Showcase

Renewable Energy Superpower

The time for electricity reform is now

A vision for Australia

Australia in prime position

Australia in prime position

Download the report

Industry leaders support this research

Rapid decarbonisation is necessary for Australia to contribute its share of global emission reductions and avoid dangerous climate change. Early action means Australia can also capitalise on the global energy transition. To get there, we first need to rapidly decarbonise our domestic energy system.

Main opportunities for renewable energy superpowers:

Australia can be a renewable energy superpower

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Latest Industry news & events

Latest Industry news & events

Cleantech Showcase

Further resources for Australia’s decarbonisation pathway

May 8, 2024

Make it Here: Building Australia's Clean Industrial Future

January 1, 2023

National Supergrid

October 1, 2022

Deploy: Clean Technologies

April 1, 2022

Gladstone's Renewable Energy Industrial Precinct