The document explores the impact of Australia's state-level renewable energy targets on the future of the National Electricity Market (NEM). It examines the renewable energy strategies of five major Australian states—New South Wales, Victoria, South Australia, Queensland, and Tasmania—highlighting their goals, progress, and challenges in transitioning to cleaner energy sources. The study analyses how these targets will influence NEM's capacity, the proportion of renewable energy, and electricity prices. It also delves into the broader implications for market dynamics, CO2 emission policies, and the reliability of the energy supply, emphasizing the interconnectedness of environmental, economic, and technological factors in achieving a sustainable energy future for Australia.

Zhao Yuda. Implications of Australia's State Renewable Energy Targets for NEM's Future. International Journal of New Developments in Engineering and Society (2024) Vol.8, Issue 5: 1-8. https://doi.org/10.25236/IJNDES.2024.080501.

[1] Simshauser, P., & Gilmore, J. (2021). Climate change policy discontinuity and Australia's 2016-2021 renewable investment supercycle. Energy Policy, 154, 112307. 

[2] Cludius, J., Forrest, S., & MacGill, I. (2014). Distributional effects of the Australian Renewable Energy Target (RET) through wholesale and retail electricity price impacts. *Energy Policy*, *68*, 123-135. 

[3] Csereklyei, Z., Qu, S., & Ancev, T. (2019). The effect of wind and solar power generation on wholesale electricity prices in Australia. *Energy Policy*, *124*, 1-11. 

[4] Rey-Costa, E., Elliston, B., Green, D., et al. (2023). Firming 100% Renewable Power: Costs and Opportunities in Australia's National Electricity Market. *Renewable Energy*, *165*, 456-472. 

[5] de Atholia, T., Flannigan, G., & Lai, S. (2020). Renewable Energy Investment in Australia. Bulletin – March 2020, Reserve Bank of Australia.

[6] NSW Government. (2023). NSW Climate and Energy Action. Reaching net zero emissions. 

[7] NSW Government. (2020). NSW Renewable Energy Action Plan. Climate Change Authority. 

[8] Victoria State Government. (2019). Victorian renewable energy and storage targets. Victorian Government Publications. 

[9] RenewEconomy. (2020). Macquarie’s Corio says Victoria can double its offshore wind green dream. RenewEconomy. 

[10] South Australian Government. (2020). Leading the green economy. Energy & Mining, Government of South Australia. 

[11] South Australian Electricity Report. (2018). South Australian rooftop PV generation forecasts. Energy & Mining, Government of South Australia. 

[12] Government of South Australia. (2014). Wind energy in South Australia. SA Government Archives. 

[13] Zahedi, A. (2010). Australian renewable energy progress. Renewable and Sustainable Energy Review*, 14(8), 2208-2213.

[14] Queensland Government. (2015). Queensland’s renewable energy target. Queensland Government Publications. 

[15] Queensland Government. (2023). Queensland’s renewable energy target. Department of Energy and Public Works.

[16] Queensland Renewable Energy Expert Panel. (2016). Credible pathways to a 50% renewable energy target for Queensland. Queensland Government Publications.

[17] Queensland Government. (2022). Queensland Climate Action. Department of Environment and Science.

[18] Tasmanian Government. (2020). Tasmanian Renewable Energy Action Plan. Renewables Climate and Future Industries Tasmania. 

[19] Tasmanian Government. (2022). State on track to reach Tasmanian Renewable Energy Target. Premier of Tasmania. 

[20] Australian Energy Market Operator (AEMO). (2022). Integrated System Plan June 2022. AEMO Publications.

[21] Clean Energy Council. (2023). Clean Energy Australia Report 2023. Clean Energy Council.

[22] National Electricity Market (NEM). (2022). State of the Energy Market 2022. Australian Energy Regulator. 

[23] Hayward, J. A., & Graham, P. W. (2017). Electricity generation technology cost projections 2017-2050. CSIRO.

[24] Brinsmead, T. S., Hayward, J., & Graham, P. (2014). Australian electricity market analysis report to 2020 and 2030. CSIRO 

[25] Energy Reporter. (2019). Australia will fall well short of 82 per cent renewable energy by 2030 analysts predict as problems mount. ABC News.