Renewable Energy Target Faces Challenges in Australia

Energy policy is set to take center stage at Australia’s upcoming federal election, which will be held on or before 17 May 2025. The election will serve as a referendum on nuclear energy, aiming to address the country’s long-term energy needs while tackling rising energy prices and the high cost of living. However, grid instability, power shortfalls, a looming gas shortage and infrastructure bottlenecks have created a perfect storm that could derail the country’s more immediate energy transition as energy security issues come…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com