Energy Transition Working Group We provide members with the space and strategic direction to influence government policy and regulation regarding renewable energy. The group’s goal is to help unlock policy settings that will give new renewables projects the appropriate scale and risk-return profiles for investors to confidently allocate capital. Factors will include the supply, demand and exit considerations that are impacting the transition to a zero-emissions electricity system and clean exports. The sub-group was spun out of the main policy and advocacy working group in June 2023 Chair Ian Leiblich Head of ESG, EG Contact Bethany Richards Policy Junior Analyst Email Bethany The Clean Energy Investment Landscape $52b Federal and State/Territory governments' allocation for the energy sector's transition $420b estimated private investment required to transition the National Electricity Market 6GW additional capacity required annually until 2035* *based on the least-cost national emissions pathway. Global Competition for Capital Our members are struggling to find Australian projects that meet the scale and risk-return profiles available in other markets. To help Australia become a more investable market we provide our members with a clear understanding of renewable energy supply-side opportunities across Federal and State/Territory jurisdictions. A Just Transition As we decarbonise our energy system, Australia has the opportunity to provide security for portfolios, communities and companies. This includes understanding Australia’s exposure, via the fossil fuel export industry, to global emissions-reduction efforts, and assisting emissions-intensive regions to diversify their economies. Our Areas of Focus Supply Investment opportunities may involve developing and integrating renewables into a dynamic grid and a coordinated approach to commissioning generators and batteries during the shift away from traditional constant supply. Demand Providing investors with ways to support efficient energy use, renewable energy certificates, and household energy upgrades. Exit Supporting a transition away from fossil fuels while maintaining energy supply and minimising transition risks in domestic electricity systems and global exports. Latest Energy Transition News, Resources, and Events IGCC Summit 2023: Just Transitions 21 September 2023 At IGCC Summit 2023, a key focus was "Just Transitions" and laying the foundation for the new economy. Decarbonising the EconomyEnergy Transition Working GroupJust TransitionPolicy & Advocacy Submission: Unlocking electrification with privately leveraged capital 5 September 2023 IGCCs submission to the Department of Climate Change, Energy, the Environment and Water's (DCCEEW's) consultation on the Capacity Investment Scheme emphasises the importance of strategic policy to leverage private capital with public funds. The submission considers how the CIS fits within established policy at State/Territory and Federal levels, and where, as a relatively small scheme, it is of most value to de-risk emergent technologies needed to create a dynamic, future-proofed electricity market. AustraliaClimate Solutions & TechEnergyEnergy Transition Working GroupJust TransitionPolicy & AdvocacyPolicy & Advocacy Working Group 1.5°c sector strategies can supercharge investment 18 July 2023 The government will start developing plans to decarbonise key economic sectors, one of the top priorities identified by investors. The Investor Group on Climate Change says robust sectoral decarbonisation plans can support investment in climate solutions. Agriculture & AquacultureAustraliaBuildings & InfrasctructureDecarbonising the EconomyEnergy Transition Working GroupMiningPolicy & AdvocacyPolicy & Advocacy Working GroupTransport Sector Pathways Workshop Workshop | 26 July 2023 @ 9:30 am - 11:00 am Timezone: Australia/Sydney IGCC is developing a report into pathways to decarbonise the economy's critical sectors. We are seeking members’ input at this workshop. AustraliaClimate Solutions & TechDecarbonising the EconomyEnergy Transition Working GroupJust TransitionManufacturingMiningPolicy & AdvocacyPolicy & Advocacy Working Group Energy Sub Working Group meeting: 28 August This post is members-only. Please sign in to view details. Sign in