| Project Detail |
RELA will develop and rollout a software solution that provides assessments of the renewable energy potential of land through an online portal. Need The Australian Energy Market Operator’s (AEMO) 2024 plan entitled the ‘Integrated System Plan’ (ISP) highlights that the national electricity market (NEM) needs grid scale wind and solar to increase six-fold by 2050 to meet the future outlined in the ISP under the ‘step change’ scenario. This means that the current rate of investment in renewables would have to accelerate with between 3-6GW of new capacity built each year for the next decade. In reality, the pace of wind and solar developments is much slower than what is needed to reach the step change projection, as outlined in the ISP. Delays in fostering social licence has been cited as a critical barrier to the energy transition. Social license for renewable energy developments among landowners has, in part, been eroded by negative experiences of landowners with renewables development, such as: land banking by developers, in which exclusivity clauses in contracts prohibit landowners engaging alternate developers, and allow project developers to dictate the pace of development, without regard for detriment to the landowner; and lease terms which are unfavourable for landowners, including uncompetitively low pricing or an absence of legal protections for continuation of farming operations and decommissioning. A key root cause of these negative outcomes is the asymmetry of information between landowners and developers. |
