Renewables
Renewables Boom Pushes Australia’s Gas Power to Quarter-Century Low
CEII brief
OilPrice.com reported on 23 Oct 2026: Renewables Boom Pushes Australia’s Gas Power to Quarter-Century Low.
Read the full story on OilPrice.comRecord renewable power generation and a surge in grid-scale battery capacity pushed Australia’s gas-powered generation to its lowest for any third quarter since 2000, the Australian Energy Market Operator (AEMO) said in its Quarterly Energy Dynamics (QED) report on Friday.
Context from CEII
Renewables are the fastest-growing part of the world’s energy system. The COP28 goal is to triple capacity by 2030, and solar mini-grids are the fastest route to power for millions of people without electricity.
26.7% of electricity in Australia was renewable in 2021Countries in this story
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