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Policy & Industry

The 2035 Challenge: Driving Australia’s Energy Transformation

6 min read

Australia has long envisioned becoming a renewable energy superpower, and the pathway toward that future is now clearer. The federal government has set a new interim target of cutting emissions by 62–70% below 2005 levels by 2035. While this falls just short of the Climate Change Authority’s 65–75% recommendation, it is a significant step closer to aligning with the climate science.

Current policies are projected to deliver just over a 50% emissions cut by 2035, leaving a substantial gap that calls for deeper transformation across every sector of the economy, not just electricity and heavy industry. To close this gap, Australia will need to more than double its pace of decarbonisation and achieve emission reductions of up to 4.2% per year over the next decade. That means driving change at every level, from households and small businesses to major corporations and government institutions.

Encouragingly, the Albanese Government has shifted its approach, rebuilding public service teams and repositioning departments like Treasury and DFAT (Department of Foreign Affairs & Trade) to take a whole-of-government perspective. Still, meaningful progress will require significant upfront investment, and much of that leadership will need to come from government.

The Cheaper Home Battery Rebate

One standout example from the current government’s push is Minister Bowen’s $7.2 billion Cheaper Home Battery Rebate. Its early success shows what can be achieved when smart policy meets strong public demand. More importantly, it underscores the essential role energy storage will play in achieving Australia’s climate goals — not only for households, but also for businesses and industrial users striving to decarbonise while managing costs.

Where ELIoT Energy Fits In

At ELIoT Energy, this momentum perfectly aligns with what we stand for. We specialise in smart battery solutions designed for businesses and retailers, offering scalable, plug-and-play systems that optimise energy use, lower costs, and seamlessly integrate renewables. Our compact, no-upfront-cost solution helps clients achieve up to 54% savings in electricity expenses and helps reduce carbon emissions by up to 89%. For our customers, energy storage isn’t just sustainability — it is about affordability, ease and long-term competitiveness.

While household initiatives like the battery rebate show how effective policy can drive progress, our work at ELIoT Energy is about helping businesses lead that transformation in their own way. We are enabling organisations to join the clean energy movement, one no-fuss installation at a time.

Sources: Renew Economy — “Albanese sets emissions target of 62 to 70 pct, CEFC gets extra $2 billion to fast-track stalled renewables”; Renew Economy — “Australia needs more stunning successes like its home battery rebate to beat its climate targets.”

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