Major Transition in Energy System

Innovations / Energy Innovations

Australia’s energy ecosystem is in the throes of an extensive overhaul. What started as isolated efforts towards decarbonisation has now spiralled into a full-fledged energy transition. This metamorphosis is not confined to any single sector. Electricity grids are integrating advanced storage technologies and intermittent renewable sources, ensuring grid resilience. The industrial sector is observing a shift towards energy efficiency and sustainable processes. Transport is inching closer to electrification, with a growing emphasis on green fuels. Additionally, the export sector is exploring avenues such as green hydrogen to maintain a competitive edge in the global energy market. The pace of these changes underscores Australia’s commitment to a flexible, adaptive, and resilient energy future.