40 GW project pipeline has Australia’s energy transition on track

AEMO’s 2026 reliability outlook points to about 40 GW of committed and anticipated generation and storage across the National Electricity Market, more than half today’s 77 GW capacity base. The operator also expects electricity consumption and peak demand to rise more than 40% over the next decade as electrification and data centers grow. For solar investors, the message is clear: capacity is available on paper, but execution risk around grid connection, storage and transmission remains the decisive constraint.