Powering the renewable energy transition: a year in review

The Hon Chris Bowen MP
Minister for Climate Change and Energy 

Senator The Hon Murray Watt
Minister for the Environment and Water

The Hon Josh Wilson MP
Assistant Minister for Climate Change and Energy
Assistant Minister for Emergency Management

The Hon Kate Thwaites MP
Special Envoy for Climate Change Adaptation and Resilience 

 

Australia’s renewable energy transition gathered pace in 2025, with a record number of projects given the green light and millions of Australians benefiting from a cleaner, more reliable electricity grid that will lower energy bills for good.

In the year to 30 November, the Albanese Government approved 54 renewable energy projects taking the total to 123 since 2022 across all states and territories. 

These projects will generate enough clean energy to power more than 5 million households and potentially reduce emissions by more than 30 million tonnes of carbon dioxide annually, equivalent to taking 9 million cars off the road.

Across utility-scale and smaller scale renewable generation, the Clean Energy Regulator estimates close to 7 GW of capacity was added to the grid in 2025. That’s enough to power around 2.4 million homes.

The wholesale electricity price in the National Electricity Market was 14 per cent lower between January and November 2025 than the corresponding period for 2024. We want to see that flow through to retail bills soon.

And we’re on track to meet our renewable energy target.

The Australian Energy Market Operator’s latest Connections Scorecard shows the development pipeline for the main national grid has expanded to 275 projects, representing a total of 56.6 GW in generation and storage capacity. 

23.2 GW of earlier-stage projects are finalising contracts or under construction – up 43 per cent from this time last year.

At the household and community level, the Albanese Government delivered a range of programs, bringing clean energy technology into homes and public assets.

  • More than 185,000 batteries were installed through the Cheaper Home Batteries program in just six months.
  • Around 320,000 motorists purchased a new hybrid, electric vehicle or plug-in hybrid from 1 January to 30 November this year.
  • The number of fast and ultra-fast public EV charging locations tripled since mid-2022 to 1,475 locations.
  • More than 140,000 households installed solar panels for the first time over the same period – joining the one in three Australian households who already have them in place.
  • The Home Energy Upgrades Fund delivered 6,000 clean energy upgrades to homes with tech like rooftop solar, batteries, hot water heat pumps, double-glazed windows and insulation.
  • Through the Social Housing Energy Performance Initiative, 20,000 social housing homes were upgraded, helping tenants bring down their energy use, lower bills and cut emissions.
  • The Community Energy Upgrades Fund helped 128 local councils pay for energy upgrades that lower emissions and reduce costs through works like switching pool heating systems from gas to electric.

For industry, our programs drove new investment in the nation’s energy market and backed innovation in next-generation clean-technology to create jobs and turn Australia into a renewable energy superpower.

  • Four tenders worth 6.6 GW of generation and 18.4 GWh of dispatchable capacity opened through the Capacity Investment Scheme (CIS).
  • Forty successful projects for three more CIS tenders were announced. Those will add enough generation to power more than 3 million households.
  • Through the Australian Renewable Energy Agency, we supported $1.2 billion under Hydrogen Headstart plus a further 34 projects were funded to kickstart more than $420m across the innovation pipeline.
  • Injecting more than $6.6 billion across more than 30 transactions, the Clean Energy Finance Corporation spurred new land use, clean energy tech and large transmission projects.
As at 5 January 2026