Australia expands 2030 renewable target by 18 GW after COP28 pledge
Australia is one of only seven countries outside the European Union that has updated its 2030 national renewable target with an 18 GW boost, since the 2023 COP28 global tripling pledge.
July 31, 2025 Ev Foley
From pv magazine Australia
Australia is one of only seven countries outside the European Union that have updated their 2030 national renewable energy targets, adding 18 GW since the 2023 COP28 global tripling pledge.
A new report by UK energy retailer Ember Energy, titled “What’s new with national renewable targets? Not Much!,” finds that most countries that committed to tripling renewable capacity have not taken adequate steps to meet that goal.
The report covers 96 countries and the European Union as a bloc. Together, they account for 97% of global renewable capacity, 96% of electricity sector demand, and 96% of power sector emissions as of 2024.
Australia’s target of 82% renewable electricity by 2030 is above the 60% global share set out in the International Energy Agency (IEA) Net Zero Emissions scenario, the report finds, but highlights that Australia’s fossil fuel reliance was still high in 2024 (65% of electricity, with 46% from coal).
Consequently, emissions per capita were three times the global average, the report finds, and the second highest in the Group of 20 (G20).
Despite increases in 2024 of solar and wind generation, the report notes Australia’s increase in fossil fuel generation rose, after six years of decline, due, the report says, to unusual weather conditions and increased demand.
Despite the progress and ambitious target, the report calls for swift implementation and more action to fully align with the global tripling goal and the 1.5 C pathway.
According to Ember Energy’s 2030 Global Renewable Target Tracker, Australia is projected to have 63 GW of solar, 50 GW of wind, and 7.3 GW of hydro, bio and other renewable capacity by 2030.
“Australia would reach 85% of renewables in its electricity generation in 2030 per it’s implicit target,” it said.
Since COP28, Ember’s analysis shows that aggregate 2030 renewables capacity targets have increased marginally – from 7,238 GW to 7,380 GW – a rise of just 2%, but represents a 2.2-fold increase from 2022 levels, which served as the baseline for the tripling agreement.
Therefore, national ambition remains aligned with a doubling, rather than a tripling of renewable capacity, with the difference between the global sum of national targets at COP28 and July 2025, ahead of COP30, is a net increase of just 142 GW.
The gap to reaching the tripling goal remains nearly unchanged at about 3,700 GW, similar to what it was when the pledge was made at COP28.
Australia developed the Powering Australia Plan to lay out action plans and budgets to ensure job creation and energy affordability for the country, following the establishment of a net-zero by 2050 target in 2021.