The Australian energy sector has evolved considerably in the
last 12 months. Following the Federal election, we saw Prime
Minister Anthony Albanese acknowledge Australia's significant
potential to become a renewable energy superpower and enact a
series of energy policies aimed at driving the country forward to
2030 and beyond.
After a period marred by a divided, state-by-state approach to
renewable energy development and emissions reduction, this shift
has been widely welcomed by industry and investors. Backed by this
unified approach, the sector can now focus firmly on energy
transition and decarbonisation.
However, with the energy storage push and the increasing
quantity of expected renewable connections in 2023, renewable
energy proponents still face challenges, including grid access,
reliability and stability, competing land use, and the expected
labour shortage moving into the expansion phase. We explore these
themes in further detail throughout this
