Renewable Energy Revolution: Top End Poised to Thrive with Solar, Electrification, and Battery Storage

A recent independent economic modelling report suggests that the Northern Territory could alleviate cost-of-living pressures and create numerous sustainable jobs by tapping into its abundant sunlight. The report, titled “Recharging the Territory,” challenges a proposed $1.5 billion plan by the federal and NT governments to transform the Middle Arm peninsula into an industrial zone for processing gas, hydrogen, and minerals.

Instead of focusing on traditional industrial development, the report advocates for an economy powered by large-scale solar energy. This shift could lead to reduced power bills for residents and attract sustainable industries to the region. According to Tom Quinn, the author of the report and the founding CEO of the Future Business Council, there is a unique opportunity to establish a clean industrial base in the territory.

Benefits of the Proposed Plan

The plan recommends investing taxpayer subsidies in clean industries and energy-efficient housing, rather than supporting gas infrastructure projects, harbour dredging, or land clearing activities. For instance, approximately $127 million could be allocated to equip every public housing property with solar panels, insulation, and air conditioning.

Moreover, the proposal includes funding for a Darwin big battery, community microgrids, and climate-safe upgrades for low-income households across the NT. Reacquiring the Port of Darwin for public ownership and establishing a sustainable industry hub are also part of the plan, with an estimated