Powering Australia releases Horizon 2035: Cleaner Energy Networks!

Powering Australia is pleased to release Horizon 2035: Cleaner Energy Networks, the latest in our series of sector plans mapping Australia’s path to clean-tech leadership.

Electricity networks account for up to 45% of consumer costs, yet the projected 35,000 km of new transmission needed by 2050 creates an urgent need for domestic manufacturing. Australia’s established industrial base is uniquely positioned to supply the high-voltage equipment and grid services essential for our energy security.

This report reveals how scaling transformer manufacturing and off-grid solutions could unlock $6.8 billion in economic value and create 30,000 jobs by 2035.

Key strategic insights:

🔸Domestic manufacturing as a critical grid enabler: Local production is integral to reducing the rising costs and lead times facing national network expansion.

🔸 Strategic opportunities in high-voltage equipment: Expanding transformer capability could triple the sector’s current economic contribution by 2035.

🔸 Scaling remote Innovation: Targeted network solutions are required for the two-thirds of clean-tech projects located in regional or off-grid areas.

🔗 Download the full report to learn more.