The energy transition refers to the broad changes in energy supply and demand required as the world seeks to decarbonise.
This is seeing governments and corporates around the world setting ambitious emissions reductions targets and working to deliver them in a timely manner.
Targets for decarbonising our economy require Australia to reduce its greenhouse gas emissions by 43% (compared to 2005 levels) by 2030 and reach net zero emissions by 2050. It’s a similar story in NZ, with a target of 50% of total energy consumption to come from renewable sources by 2035 and net zero by 2050.
Ventia delivers a range of services aligned to our client's energy transition needs and we are playing a key role in supporting this transformation across Australia and New Zealand.