A Renewables-Led Economic Recovery

RESOURCES  |  STIMULUS SUMMIT

10 Ways to Revitalise and Decarbonise our Economy

The Smart Energy Council has undertaken considerable analysis and consultation on the key elements of a renewables-led economic recovery for Australia.

The 10 Ways to Revitalise and Decarbonise our Economy document outlines the key themes of the Smart Energy Council’s economic stimulus advocacy work. It includes projects that can create jobs within weeks and months (screwdriver-ready projects), within 6 months (shovel-ready projects) and those that will help position Australia as a renewable energy exporting superpower, and it covers household, commercial and large-scale renewables and energy storage, as well as smart energy manufacturing, renewable hydrogen and electric vehicle charging.

10 Ways to Revitalise and Decarbonise the Economy  at the Same Time

  1. Turbocharge battery storage and battery manufacturing, by promoting state subsidised battery programs, that deliver savings to householders and act as a virtual power plant, delivering grid stability, savings to all electricity users and requirements for local battery manufacturing, assembly or other support
  2. Public buildings become smart energy buildings. Every suitable government owned building should have solar, battery storage, smart energy management, energy efficiency and electric vehicle charging stations
  3. Solar for public and community housing
  4. Fast-track big renewable and energy infrastructure projects (requests for tenders for up to 10 projects in each jurisdiction that can begin construction in next 6 months) 
  5. 100% renewables for new major infrastructure projects
  6. Instant asset write-offs and other measures to electrify manufacturing and heavy industries
  7. North Queensland Clean Energy Development Bank
  8. Battery manufacturing and adding value to lithium and cobalt mining
  9. Fast-track National Hydrogen Strategy with renewables to make Australia a renewable energy exporting Superpower
  10. Increase funding for Clean Energy Finance Corporation and the Australian Renewable Energy Agency (ARENA)

This program is neither definitive nor formal and can be adapted to suit the needs of specific States and Territories and the Australian Government, and is backed by more detailed asks and detailed analysis. It complements work being undertaken by the Australian Conservation Foundation, Beyond Zero Emissions, the Climate Council and Climate Works, among others.

For further information, contact Wayne Smith, Government Relations, Smart Energy Council on 0417 141 812 and [email protected]

Video image acknowledgements:  Selectronic, Victorian Government, Gippsland Solar, The Guardian, iseekplant.com.au, Bloomberg, ontheworldmap.com, CEFC and ARENA.