Statement of Strategic Intent

The Australian Energy Council is the peak industry body for electricity and downstream natural gas businesses operating in the competitive wholesale and retail energy markets. AEC members generate and sell energy to 10 million homes and businesses and are major investors in renewable energy generation. The AEC supports reaching net-zero by 2050 as well as a 55 per cent emissions reduction target by 2035 and is committed to delivering the energy transition for the benefit of consumers.

Latest Analysis

Report assesses state of play for SMRs

Report assesses state of play for SMRs

A recent report by a pro-nuclear UK think tank has shone a light on the challenges needed to be overcome to accelerate the development and rollout of small modular reactors (SMRs) globally. While the sees SMRs playing an important role in helping countries decarbonise and impressive growth out to 2050, it is a little less optimistic than some projections and highlights the uncertainties and key hurdles that need to be dealt with. We take a closer look.

BY Carl Kitchen Apr 26 2024
National Energy Performance Strategy: What’s In it?

National Energy Performance Strategy: What’s In it?

On 5 April, the Department of Climate Change, Energy, the Environment and Water released the National Energy Performance Strategy. The strategy is intended to provide a long-term framework to manage energy demand, “so our community can enjoy the economy, climate and health benefits of improved energy performance”. It also designed to contribute to Australia meeting its legislated emissions reduction and renewable energy targets. We take a look at what is included in the strategy.

BY Tom Monaghan Apr 18 2024
Queensland’s pumped hydro plans

Queensland’s pumped hydro plans

In September 2022, then Queensland Premier Annastacia Palaszczuk announced plans to construct two new pumped hydro projects: Borumba Dam – a 2GW facility located in Imbil, 50km west of Noosa, and the Pioneer/Burdekin facility which plans to offer 5GW of storage, located 75km west of McKay. We take a look at pumped hydro and how it can support the energy transition.

BY Tom Monaghan Apr 11 2024
Gas outlook highlights peaking plant role in transition

Gas outlook highlights peaking plant role in transition

Apart from raising some alarm bells over future potential gas shortfalls, the release of the Australian Energy Market Operator’s assessment of gas needs again highlighted the important role gas generation will play in the energy transition.  Gas generation is seen increasingly as a “strategic reserve for power system reliability and security” and “will be critical when it runs”. We take a look. 

BY Carl Kitchen Apr 04 2024
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Latest News

Energy Retailers Stand Ready to Deliver Bill Relief

Energy Retailers Stand Ready to Deliver Bill Relief

Energy retailers are ready to work with the Federal Government to ensure the smooth rollout the bill relief announced in the budget, the peak body for electricity retailers, the Australian Energy Council (AEC), said today.

May 15 2024

Latest Reports

Solar Report: First Quarter 2024
REPORT Continue Reading I  PDF

Solar Report: First Quarter 2024

By the end of the first quarter this year solar PV installations had put been fitted to more than 3.7 million Australian rooftops with a capacity of 22.58GW, according to the Clean Energy Regulator. In addition to the latest installation statistics, we take a look at other developments with rooftop solar, as well as the impact utility-scale solar is having on price setting in the National Electricity Market.

BY Aaron Martinez Apr 18 2024
Bottlenecks affecting generation development in WA
REPORT Continue Reading I  PDF

Bottlenecks affecting generation development in WA

An energy transition is underway in Western Australia, led by State Government commitments and proposed policies that will shift the electricity sector towards more intermittent and low emission capacity. This Oakley Greenwood report provides a qualitative assessment of the challenges and bottlenecks of investing in new generation in the WEM, and the consequences if new generation cannot connect to the grid in a timely manner.

BY Australian Energy Council Feb 16 2024
Solar Report: Fourth Quarter 2023
REPORT Continue Reading I  PDF

Solar Report: Fourth Quarter 2023

Our appetite for solar PV continues. At the end of last year Australia’s total installed solar rooftop capacity had reached more than 22GW. A total of 2785MW of new rooftop solar was installed by the end of 2023. In addition to the latest installation statistics, we take a look at other developments in the sector, including its levelised cost of energy and the average payback period for solar PV systems.

BY Aaron Martinez Feb 15 2024
Solar Report: Third Quarter 2023
REPORT Continue Reading I  PDF

Solar Report: Third Quarter 2023

Our appetite for solar PV continues. At the end of the third quarter, Australia’s total installed solar rooftop capacity had reached 21.2GW. More than 68,000 new installations were added to the grid in the quarter with a total installed capacity of 620MW. In addition to the latest installation statistics, we take a look at other developments in the sector, including its levelised cost of energy and the average payback period for solar PV systems.

BY Australian Energy Council Nov 09 2023
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