Solar and storage make up 61% of the NEM's 229 GW by 2050 in the October 2026 release

Installed capacity, excluding reservoir hydro (GW)
Black CoalBrown CoalCCGTOCGTOtherBatteryPumped HydroOffshore WindOnshore WindSolar
Source: Modo Energy NEM Forecast, October 2026 release
Note: Snapshot years. Generation is December nameplate; storage is power capacity from the published databook. Battery is utility-scale; "Other" includes coordinated household storage, demand response and run-of-river hydro.
MODOENERGY