Sustainability and renewables

Our generation portfolio supports the growth of renewable energy

Our flexible gas generation portfolio supports renewables, providing energy for our customers when the wind isn’t blowing or the sun isn’t shining. And until closed in 2032 or earlier, our coal-fired generation will continue its important role, ensuring reliable and affordable energy for our customers.

We’ve been growing renewables for more than a decade

Once current renewable developments fully come online, subject to development and commissioning timelines, we will meet our target of having 25% of our owned and contracted generation capacity made up of renewables and storage.

We’re helping global decarbonisation

While renewables will ultimately be the primary source of energy all over the world, gas has a supporting role to play as a lower-emissions and flexible firming fuel, particularly in Asian economies as these countries switch from more carbon-intensive fuels. 

Our gas exploration and production portfolio includes the producing assets owned by Australia Pacific LNG in the Surat and Bowen basins in Queensland, as well as the Beetaloo exploration project in the Northern Territory. 

We’ve installed nearly 1.7 million solar panels

We have 15 years’ experience in solar. We’ve put more solar panels on Aussie rooftops than any other electricity or gas retailer.

GreenPower and Green Gas offer our customers a low cost way to add more renewables into the market

We buy electricity generated by renewable sources and gas offsets directly on your behalf.

We have batteries for solar storage solutions

We offer both Tesla and LG batteries for all-in-one solar system solutions, installed and maintained by our nation-wide solar system experts.

Looking to the future

We’re investigating the potential for hydrogen, made using renewable energy, to become a new, low-carbon energy source for our customers.

How a low-carbon world will affect our energy generation

It’s important we understand how our business would fare in a low-carbon world. So we tested different scenarios to see the impact on our generation portfolio. In all tests, our portfolio retained a net-positive value. This was due to it providing secure and affordable power during the transition to a cleaner future.