Determine the most effective way to create as much renewable energy as possible, within the earliest time frame, and locally where possible.
Mayor
Clover Moore
Population
4,920,970 (2015)
GDP
291.5 billion USD (2014)
Project area
Renewable Energy
Shares of emissions from fossil fuels in New South Wales region
79% of all GHG emissions
The Project
The City of Sydney has a target of net-zero emissions for the local government area by 2050, and for 50% renewable electricity by 2030. Today, the grid is around 15% renewable. Sydney, like many other cities, is looking to progress renewable energy locally and overseas, such as through bulk purchases, subsidies and other incentives. Acknowledging that early action is required to stimulate the market for renewable energy (and reduce emissions sooner), the City has established a fund of $10M AUD ($7.6M USD). The City Solutions Platform (CSP) will assist in determining the most effective way to use the fund to create as much renewable energy as possible, within the earliest time frame, and locally where possible.