Renewables still Australia's lowest-cost option, says CSIRO

Firmed solar and wind deliver the cheapest pathway for new electricity supply across all scenarios in Australia, the Commonwealth Scientific and Industrial Research Organisation (CSIRO) says in its latest cost report.From pv magazine Australia CSIRO's draft GenCost report for 2025-26 shows that solar and onshore wind power backed by storage and either gas or hydrogen is the least-cost new-build electricity generation technology mix. The draft GenCost report, compiled with the Australian Energy Market Operator (AEMO), provides verifiable cost data of new-build electricity generation in terms of ...

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