Australian Trade & Investment Commission

The Australian Trade and Investment Commission (Austrade) helps global businesses connect with opportunities and potential partners in Australia. Our work support Australia to achieve a target of 82% renewable energy in the Australian grid by 2030 and reach net zero by 2050 – with Australian Government targeted funding and incentives for doing business with Australia.

With comparative advantages in solar, wind, critical minerals, hydrogen, energy storage and transmission, Australia is a safe and reliable partner for UK companies in the global energy transition.

Australia is ranked as the fifth most attractive destination globally for renewable energy investment (2023).

In the offshore wind sector alone, our vast coastal regions with average wind speeds above 9-12m/s (rivalling the North Sea) and the amount of land we have designated for future wind generation is larger than the entire area of Belgium or the Netherlands (37,000 km²).

Australia’s hydrogen investment pipeline of A$230-300 billion represents about 40% of all global renewable hydrogen projects announced to date. 

Australia has the highest solar radiation of any continent. Around one third of households have roof-top solar power – the highest in the world.