Transmission grid expansion remains a critical factor for Australia to achieve its energy transition goals of reaching net zero by 2050. A new report released by Australian advisory firm, Nexa Advisory, titled ‘We Plan And Then Don’t Build’ sheds light on the significant delays affecting transmission line projects across Australia, which are hindering the country’s clean energy transition. The report warns that these delays could lead to Australia failing to meet its climate targets, pose a significant threat to power system reliability and security, and result in increased costs for consumers.
According to the report, most transmission line developments have fallen behind schedule, with Victoria experiencing the most substantial setbacks of four years behind schedule. South Australia is performing relatively better with only one-year delays, while New South Wales and Queensland are experiencing two-year delays. The main obstacles identified in the report include excessive red tape, lack of national planning and coordination, and community opposition.
To address these challenges, Nexa Advisory has proposed three recommendations. Firstly, identifying funding gaps to enhance transparency and confidence in renewables delivery. Secondly, improving national coordination with state schemes and targets to ensure a more streamlined approach. Lastly, improving community sentiment towards transmission infrastructure projects to reduce opposition and facilitate timely project delivery.
The full report can be accessed here.
