Australia ‘underestimated’ the difficulty of a green transition

Grattan Institute Energy Program Director Tony Wood says Australia “underestimated” how difficult and challenging the renewable transition would be. Mr Wood joined Sky News Australia to discuss the Grattan Institute’s new report on Labor’s “ad hoc” and “uncoordinated” net zero strategy. “It was underestimated how difficult and how challenging this was going to be for three or four reasons,” he said. “In the first phase of the renewable transition, we could just get connect wind farms and solar farms where there was already capacity on the existing transmission grid. “Now we’re getting to the stage where that transmission capacity has been exhausted and we have to build new transmission."