Australia should copy China’s approach to energy

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Over the coming decades, Australia will require a massive expansion in electricity supplies.

First, the nation’s population is officially projected to grow by nearly 50% over the next 40 years, implying a commensurate increase in household energy requirements (in addition to commercial).

Population projection

Second, Australia is expected to build dozens, if not hundreds, of data centres to meet AI, cloud computing, and hyperscaling requirements.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.