Jun 25, 2026 – 12.01amSoaring installations of batteries have helped halve the need for expensive and politically contentious new poles-and-wire projects, but about $106 billion of investment is still needed to transform Australia’s power system to meet net zero emissions by 2050.The Australian Energy Market Operator’s latest 10-year blueprint for the power grid, released on Thursday, has cut the estimated need for new transmission across the national electricity grid by about 1435 kilometres since its last report in 2024.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles