Australian Energy Council Report: Just Transition
Summary:
Prepared by Strategen, this report for the Australia Energy Council undertakes a wide-ranging review of energy transformation work underway in Australia and other innovation centers. Australia, in particular, is experiencing one of the world’s fastest electricity system transformations. Although the nation’s electricity generation has been more dependent on coal than many developed economies, almost two-thirds of the current operational fleet will be withdrawn by 2030. Australia's transformation is a once-in-a-century scale of change that has profound human and societal impacts on the workers and regional communities that have hosted large-scale generators to support Australia’s economic development.
Just Transition — Navigating Australia’s Energy Transformation aims to distill the most relevant insights for informing Australia’s power station retirements, presenting them in a format supporting structured, holistic and timely action. Part 1 of the report brings together relevant content on Australia’s current state and plausible future Just Transition outcomes, informing the key transition elements required to progress forward. Part 2 of the report provides a wide range of global case studies from the European Union, Germany, Spain, the United Kingdom, the United States, Canada and New Zealand. The analysis identifies transferrable lessons on what was successful and what was not. These global case studies are then supplemented with a selection of Australian power station case studies that include Hazelwood, Liddell and Collie. Two additional case studies from the Lonsdale and Tonsley Park Mitsubishi plants and the Newcastle Steel Works are also included to provide a wider lens on the Australian experience of structural adjustment. This report gathers in one location some of the most relevant, action-oriented content to inform the next phase of Just Transition as Australia progressively retires its coal-fired generation fleet.
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