1、Australias Renewable PathClimate Action SummitRichie MerzianCEO Clean Energy Investor GroupFriday 7 November 2025From coal to clean 1.Over 90%of Australias remaining coal power will close in the next 10 years2.Wind,Solar,Hydro and Batteries will provide the replacement and growth3.Gas will play a ro
2、le,but it is limited4.The scale of the transition depends on the role of green exports 5.The Federal Government is committed to the transition 82%renewable energy by 2030 An NDC of 62-70%by 2035 Contracting 40GW of renewables through the Capacity Investment Scheme AU$70 billion in specialist investm
3、ent vehicles Support from State Government with renewable energy zones.Coal will close renewables will open States are moving at different speeds South Australia(at 74%renewables)has a target to reach 100%renewables by 2027 South Australia is at the centre of efforts to build green exports including
4、 green iron If green iron replaces iron ore as a primary export,it could generate up to AU$386 billion annually by 2060(Australias iron ore exports are typically around$120 billion per year).Australia will likely host a UN Climate Conference in November 2026 in Adelaide,the capital of South Australia,which will feature renewables and green export opportunities.South Australia and COP31