Australia’s low emissions economic stretch goals. Priority technology stretch goal. Potential pathway. Expected timeframe for achievement. Clean hydrogen production under $2/kg. Steam methane reforming with CCS. 2025–2030. Renewable electrolysis. 2028–2035. Ultra low-cost solar – solar electricity generation at $15/MWh. Large scale solar. 2030–2035. Energy storage – electricity from storage for
Australia’s low emissions economic stretch goals. Priority technology stretch goal. Potential pathway. Expected timeframe for achievement. Clean hydrogen production under $2/kg. Steam methane reforming with CCS. 2025–2030. Renewable electrolysis. 2028–2035. Ultra low-cost solar – solar electricity generation at $15/MWh. Large scale solar. 2030–2035. Energy storage – electricity from storage for firming under $100/MWh. Lithium-ion batteries. 2025–2030. Low emissions steel production under $700/t (based on the long run marginal cost).
Goal: Energy storage--electricity from storage for firming under $100/MWh, Pathway: Lithium-ion batteries, Timeframe: 2025-2030 Goal: Ultra low-cost solar--solar electricity generation at $15/MWh, Pathway: Large scale solar, Timeframe: 2030-2035
AU
Sectoral Mitigation Targets
M_SecTar1
Targets at the sectoral level
Sectoral targets on
Energy
Supply-side Efficiency: Grid/energy loss reduction
AU
Sectoral Mitigation Targets
M_SecTar1
Targets at the sectoral level
Sectoral targets on
Energy
Renewable Energy: Solar: Utility Scale