Legislation to support Tasmania’s world leading 200% Renewable Energy Target is currently before parliament. This will legislate that 15,750 GWh/ year of electricity is generated by renewable sources by 2030, and 21,000 GWh/ year by 2040. Tasmania currently generates close to 10,500 GWh/ year of renewable energy.
10,500GWh of energy is the equivalent of 1.6 million tonnes of black coal. As more coal and gas fired power stations retire over coming years, and industries such as transport and manufacturing transition from petroleum energy sources to electricity and hydrogen, Tasmania’s expanding renewable generation will become increasingly critical for the National Electricity Market.