This document discusses the status and outlook of clean energy in Australia. It outlines that clean energy investment and renewable energy sources like solar PV have grown significantly in recent years. However, the rising prominence of clean energy is impacting Australia's energy mix and challenges remain around energy market reform, falling demand, and integrating renewables. The future prospects for clean energy in Australia are positive if policy support continues and costs further decrease, but challenges around regulation, infrastructure changes, and coordination will need addressing.

1. CLEAN ENERGY: STATUS AND OUTLOOK
Kane Thornton
15th August 2014

2. KEY TOPICS
• Status and development of clean energy
• Impact of growth of clean energy
• Future prospects and challenges

3. STATUS AND DEVELOPMENT

4. RENEWABLES IN AUSTRALIA - 2013

5. 2013 STATUS CHECK

6. SOLAR PV DISRUPTION

7. CLEAN ENERGY INVESTMENT

8. BENEFITS OF RENEWABLE ENERGY
• Diversify and decarbonise energy mix
• New investment in energy infrastructure
• Employment opportunities in rural and regional areas
• Democratisation and competition in energy sector
• Engage consumers in power production
• Mitigate against rising gas prices

9. IMPACTS OF GROWTH OF CLEAN
ENERGY

10. CHANGING ENERGY MIX

11. AUSTRALIAN OVERVIEW
• Falling energy demand
• Increased carbon constraints and aging coal power fleet
• Rising gas prices
• Energy market reform disjointed
• Engaged consumers changing energy needs and
expectations
• Network businesses investments stranded
• Low wholesale energy prices hitting incumbents

12. FUTURE PROSPECTS & CHALLENGES

13. FUTURE PROSPECTS
• Massive pipeline of proven renewable energy projects
~$14.5 billion
• 16,000 solar installs per month, growing into commercial
sector
• Storage coming down in cost and up in scale
• Large scale solar driving down in cost as local industry
develops
• Innovation is occurring right across clean energy sector –
take times and money
• Network and distribution sector facing paradigm shift

14. POLICY OUTLOOK
• Future outlook will be determined by RET review outcome
• ARENA & CEFC crucial to finance and demonstration
• Energy market reform is disjointed and complex
• Long term economics look favourable
• State governments play a key role in attracting investment
• Planning regime
• Network access
• Community engagement
• Whole of government coordination and support