Several forces are impacting the future of our energy market and we preparing to proactively face these challenges, evolving customer needs and growing network demand as Victoria and Australia embark on our journey to net-zero energy targets. Early indicators see the below insights.

Jemena’s electricity network will have fundamentally different energy needs by 2035:

• Solar penetration in Jemena’s electricity network will more than double, with 800MW+ (5x Tesla big batteries) of generation within its network
• The majority of new residential vehicles sold will be EVs, accounting for approximately 30 per cent of the car market (and rapidly growing) and many will be exporting back into the grid
• Over a third of customers will use the network for two-way electricity flows, optimising in real-time through digitally enabled data flows.

Jemena’s electricity network will have increased understanding of how we are tracking to achieve Net Zero by 2035:

• Victoria will be well on the way to decarbonising its economy
• Residential gas use will reduce with households transitioning to electric appliances
• Overall CO2 emissions in the JEN distribution area will have reduced by approximately 50 per cent.

Jemena’s electricity network will be larger by 2035:

• Energy consumption on the network will grow from 4.2 TWh today to 9.1 TWh, and peak demand will also grow from approximately 940 MW to over 1,850 MW
• Minimum demand challenges[1] will be partially addressed with the uptake of EVs and timely charging, plus electrification of gas
• Overall storage in the JEN network could be 46GWh made up ofEVs and home and community batteries.

Jemena will be driven by customers by 2035:

• Consumers will remain focused on energy costs and reliability of supply
• Customers will have increased choice over energy solutions, and JEN is one of many who can provide solutions for customers.

[1]Minimum demand challenges - Not utilising the grid enough can result to power system outages.