Australia could get 90% of electricity from renewables by 2040 with no price increase

Analysis suggests current federal policies will lead to a price rise after 2030 but a more ambitious target would keep bills lower

Australia could get 90% of its electricity from renewable energy by 2040 without an increase in power prices, according to an analysis by the energy and carbon consultancy RepuTex.

Under current government policies, the country is on track to have 75% of its electricity generated by renewables within 20 years, but the analysis suggests a weak federal policy framework would lead to wholesale prices rising for a period after 2030.