Author: Robert Pritchard, Energy Policy Institute of Australia

Key Points

  • The climate has become the main driver of change in the energy industry.
  • In many countries, this has led to renewable energy becoming the fastest-growing form of low-carbon energy. However, power systems were never designed for renewable energy. Intermittency poses a challenge to power systems that is growing faster than the share of renewables. 
  • Modern nuclear energy is becoming recognised as an essential technology in future low-carbon energy systems.
  • Nine countries that are members of the Clean Energy Ministerial forum have already signed on to the Nuclear Innovation: Clean Energy Future (‘NICE Future’) initiative, with Canada positioning itself to play a prominent part.
  • Nuclear energy is not only a low-carbon response to climate change but it represents a market opportunity to supply 20% of the world’s electricity by 2050.
  • Australia has much to gain by joining the international NICE Future initiative and tracking and pursuing industrial-scale, fit-for-purpose, low-carbon energy solutions.

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·        The climate has become the main driver of change in the energy industry.

 

·        In many countries, this has led to renewable energy becoming the fastest-growing form of low-carbon energy. However, power systems were never designed for renewable energy. Intermittency poses a challenge to power systems that is growing faster than the share of renewables.

 

·        Modern nuclear energy is becoming recognised as an essential technology in future low-carbon energy systems.

 

·        Nine countries that are members of the Clean Energy Ministerial forum have already signed on to the Nuclear Innovation: Clean Energy Future (‘NICE Future’) initiative, with Canada positioning itself to play a prominent part.

 

·        Nuclear energy is not only a low-carbon response to climate change but it represents a market opportunity to supply 20% of the world’s electricity by 2050.

 

·        Australia has much to gain by joining the international NICE Future initiative and tracking and pursuing industrial-scale, fit-for-purpose, low-carbon energy solutions.

What's New

Senior EPIA Director, Trevor St Baker AO, awarded degree of Doctor of Engineering (Honoris Causa) by the University of Queensland (Feb 2021)

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"Policy Overview: After 20 Years, We Have Barely Started" (Nov 2020)

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EPIA Priority Technologies Forum (Nov 2020)

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EPIA Webinar transcript: A Low-Emissions Technology Roadmap for Australia (June 2020)

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Key Goals and Principles of a Post-COVID-19 National Energy Plan (May 2020)

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Policy Papers

Policy Paper 1/21 "Diversity Indispensable for Net Zero"

Author: Robert Pritchard, Energy Policy Institute of Australia

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Public Policy Papers: A compendium of Key Points (to March 2021) 

Since May 2013 the Institute has published 27 Public Policy Papers.

pdfClick here to view the compendium of key points.