Latest News

Transgrid accelerates its clean energy transition

Transgrid accelerates its clean energy transition

Transgrid has introduced new targets for reducing carbon emissions, as the business drives the acceleration of the renewable energy transition.

To support the Federal Government’s climate change targets, Transgrid has committed to:

  • Reduce Scope 1 and 2 emissions by 60 per cent by 2030, compared with a base year of 2021 and net zero by 2040.
  • Reduce Scope 3 emissions from Purchased Goods and Services, and Capital Goods by 48 per cent per million spend on these two categories by 2030, compared with a base year of 2021 and net zero by 2050.

The targets are science-based targets (SBT) aligned to the level of decarbonisation required to keep global temperature increases to 1.5 °C or well below 2°C, compared to pre-industrial levels set by the Science Based Target Initiative (SBTi).

Transgrid CEO Brett Redman said “As we build a better power system for all Australians and accelerate the transition to clean, renewable energy, we will work equally hard to minimise our climate impact.

“The future will be powered by clean energy and as the largest network in the National Electricity Market, our infrastructure is critical – there will be no transition without transmission.

“We have a responsibility to deliver a fit-for-future electricity network that minimises climate impact in construction and operation and to do that, we are accelerating our program of works and rolling out credible and ambitious long-term greenhouse gas emission (GHG) reduction targets,” Redman added.

“The transmission system is central to all decarbonisation scenarios for Australia. We’re building the energy superhighway with major projects like EnergyConnect, HumeLink and VNI West to increase the sharing of renewable energy across the NEM; investing in battery technology and, through our commercial arm Lumea, physically connecting renewable generators to the network,” he said.

“Transgrid is enabling the biggest energy transformation of our lifetime. We are committed to innovative and efficient strategies to ensure the grid can decarbonise safely and quickly – while also putting downward pressure on electricity prices by delivering cheaper, cleaner energy to millions of Australians,” he said.

For more information visit here.

Send this to a friend