‘National Supergrid’ outlines a five-year grid investment program to build the foundation from which Australia can become a renewable energy powerhouse.
Australia’s major trading partners are racing towards the global green economy. But right now, our energy grid is a handbrake on dispatching new renewable energy and our fossil fuel-dominated exports leave our economy highly exposed to demand collapse.
The transition to 100% renewable energy is an opportunity for our economy to thrive. By fast-tracking investment into the energy grid, the federal government will help Australians save money on their energy bills, create good quality jobs and build the infrastructure we need to strengthen manufacturing and become a green exports powerhouse.
To become a renewable energy powerhouse, Australia needs a National Supergrid. Just as past government investment in rail, roads and ports opened up new economic opportunities, rapid deployment of renewable energy via nation-building energy infrastructure is key to reducing energy costs and will form the foundation of Australia’s prosperity for generations to come.
