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Policy

Australia: Lack of Planning Precipitated Energy Crisis

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Despite its abundance of fossil fuels and renewable energy resources, Australia has found itself trapped in a power crisis precipitated by escalating fuel prices. As it was hit by an early onset of winter that caused power demand to spike, many coal power plants were in either planned or unplanned maintenance, while gas power plants were unprofitable to run due to sky-high gas prices. Renewable energy infrastructure — including transmission and storage capability — has meanwhile not reached the scale required to completely fill the gap.

Topics:
Gas Demand, Coal, Low-Carbon Policy, Policy and Regulation, Renewable Electricity
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