Energy Resources

能源资源

Policy, investment, PPA market data, and capacity trends from CEA2025.

Capacity Growth 2010-2024

Annual rooftop solar additions (MW) and cumulative large-scale solar (MW)

Federal Budget Allocations

Future Made in Australia energy commitments

Hydrogen Production Tax Incentive$6.7 billion

ARENA boost total$5.1 billion

- Future Made in Aust Innovation Fund$1.7 billion

- Solar & battery manufacturing (Solar Sunshot)$1.5 billion

- ARENA core mission recharge$1.9 billion

Hydrogen Headstart Round 2$2.0 billion

Critical Minerals Production Tax Incentive$7.0 billion

Refining & critical mineral processing$7.0 billion

Clean energy tech manufacturing$1.4 billion

Environmental approvals strengthening$96.6 million

Corporate PPAs

2024 power purchase agreement market

2024 PPA volume~3.4 GW

2023 PPA volume1.7 GW

Rio Tinto - Bungaban Wind Farm1,120 MW

Rio Tinto - Upper Calliope Solar Farm1,100 MW

BHP Mitsubishi Alliance - QLD296.8 MW

IFM & QICLarge PPA

TelstraLarge PPA

EquinixLarge PPA

QLD share of 2024 PPAs>2.6 GW

NSW share of 2024 PPAs~400 MW

Large deals (100+ MW) share>95%

Primary driverGHG/RE targets

CIS Round 1

Capacity Investment Scheme results

Total projects selected19

Total generation capacity6.4 GW

Total storage capacity1.2 GW / 3.6 GWh

NSW allocation3.7 GW (900 MWh)

VIC allocation1.6 GW (1.5 GWh)

SA allocation574 MW

QLD allocation550 MW (1.2 GWh)

Largest solar (CIS)Sandy Creek Solar Farm 700 MW

Largest wind+BESS (CIS)Junction River 585MW/800MWh

SA wind projectsGoyder North 300MW + Palmer 274MW

International Context

Global energy transition benchmarks

Global RE capacity added 2024~666 GW

Global RE capacity added 2023~510 GW

Projected RE additions by 2030~935 GW/yr

Global RE waiting for grid connection1,650 GW+

RE share of global electricity 202330%

Global energy transition investment 2024USD $2+ trillion

- Electrified transportUSD $757 bn

- Renewable energyUSD $728 bn

- Power gridsUSD $390 bn

China energy transition investmentUSD $818 bn

US energy transition investmentUSD $338 bn

Required annual avg to net zero 2050USD $5.6 tn