Australia’s Renewable Energy Projects Suffer Under High Inflation

Australia’s Renewable Energy Projects Suffer Under High Inflation
The Royalla Solar Farm in Canberra, Australia, on June 28, 2016. Photo by Lisa Maree Williams/Getty Images
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A new analysis has found that inflation and supply chain issues have caused significant increases in the cost of renewable energy projects in Australia, with cost pressures likely to remain till the end of this decade.

The Commonwealth Scientific and Industrial Research Organisation (CSIRO) and the Australian Energy Market Operator (AEMO) have released a report analysing the latest changes in the costs of electricity generation technologies that could be used for the country’s transition to net zero emissions.
Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].
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