16 Sep, 2026
The Institute for Energy Economics and Financial Analysis (IEEFA) has launched a new tool to track the country’s transition to renewable energy, revealing a significant gap between projects in the pipeline and those actually under construction.
The Australian Renewable Energy Scorecard, an interactive data tool developed in collaboration with Green Energy Markets, offers a visual snapshot of renewable energy project progress across the nation.
It draws primarily on Green Energy Markets’ Power Generation Database, which tracks the number, size and status of large-scale renewable energy and battery storage projects, along with the growth of distributed energy resources such as rooftop solar.
The data is presented as an interactive online scorecard that shows how each jurisdiction is performing in growing its renewable energy capacity.
Analysts from IEEFA Australia’s electricity team and Green Energy Markets will update the tool every quarter.
According to Johanna Bowyer, Lead Analyst for Australian Electricity at IEEFA, the numbers on paper look promising.
“The Scorecard shows that, in aggregate across Australia’s main grids, developers are pursuing far more renewable and battery capacity than is needed to meet the 82 per cent target, and a large share has already been fully approved,” said Bowyer.
However, the amount of capacity actually under construction tells a different story. In several states, less than a 10th of the required new wind and solar capacity is currently being built, and even the best-performing states have only around a third of the necessary capacity under construction.
Given that renewable projects typically take two to four years to move from construction start to operation, this shortfall poses a real risk to meeting the 2030 target.
The Scorecard covers all Australian states and territories except the Northern Territory and parts of Western Australia outside the South West Interconnected System.
The Australian Capital Territory is included within the New South Wales data.
One of the central findings points to a lack of long-term power purchase agreements as the main obstacle preventing approved projects from breaking ground.
Tristan Edis, Director of Analysis and Advisory at Green Energy Markets, explained the issue.
“Our analysis shows a key roadblock to getting projects to construction is the lack of long-term power purchase agreements,” said Edis.
“Only a small share of fully approved projects have secured contracts.”
Government underwriting schemes are helping to some degree, Edis noted. However, they do not, on their own, provide enough revenue certainty for projects to reach financial close.
Without additional contracts from large energy users, many fully approved projects risk remaining stalled.
While large-scale renewables construction lags behind targets, households have been embracing clean energy at a rapid pace.
“The Scorecard shows record highs of rooftop solar and small-scale battery capacity added in the June quarter of 2026, with system sizes steadily increasing since 2016,” said Edis.
He credited initiatives such as the Cheaper Home Battery Program with driving this uptake, though recent rebate cuts have begun to slow monthly installation numbers.
The economic stakes of closing the construction gap are considerable.
Bowyer noted the scale of investment and employment already generated by projects underway.
“We estimate that large-scale renewable and battery projects already under construction are delivering around $6 billion in domestic construction investment and about 15,600 job years of work.”
Moving the remaining fully approved projects into construction could unlock around $44 billion in additional investment and roughly 127,000 job years of employment nationwide.
Bowyer said the Scorecard was designed to keep governments, industry and communities focused on where action is most needed as Australia works toward its 2030 renewable energy target, with quarterly updates planned to track the country’s progress over time.