Record Clean Energy Additions Ease Blackout Fears in Australia

Australia is at reduced risk of blackouts over the next decade thanks to a rapid buildout of renewables and batteries that will help offset the retirement of the nation’s coal fleet, according to the country’s energy market operator.

Developers commissioned a record 4.4 gigawatts of renewable generation and storage projects in the past financial year, the agency said in its annual outlook on Thursday. Between 5 and 10 additional gigawatts are expected to come online annually for the next five years, it said.