Market Insight: Australian Energy Transition In Focus
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Executive Summary
Australia has set an ambitious target to generate 82% of its electricity from renewable sources by 2030. In response, many Australian firms are aligning with the national energy transition, despite ongoing uncertainty around project timelines and delivery. Years of grid instability and energy price volatility have elevated energy as a strategic priority. This survey of 50 Australian firms reveals that businesses are accelerating their transition to renewables not primarily to reduce emissions, but to enhance energy security and cost-efficiency. The findings reflect a private sector increasingly focused on long-term competitiveness, underpinned by cleaner, more resilient and economically sustainable energy strategies.
Figure 1. Most firms are confident that the Australian government will decarbonize domestic electricity supply on schedule
Figure 2. Operational resilience is the most important consideration when making a business case to support the energy transition
Figure 3. Firms' future investments in energy systems will prioritize security and cost over decarbonization
Figure 4. Most firms value greater grid interactivity
Figure 5. Respondents come from a mix of industrial and commercial job functions
Figure 6. Respondents come from six industries across commercial and industrial market segments
About the Authors
Gus Brewer
Consultant
As a Consultant in the Advisory Services team, Gus has completed multiple market and product strategy engagements for ESG, EHS and energy technology providers. Prior to this, ...
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Ryan Skinner
VP Research
Ryan is a VP Research at Verdantix, where he leads a team of analysts delivering research, data and advisory services that help clients navigate the fast-evolving landscape of...
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