Powering Australia’s Future

This report recommends the establishment of Sovereign Power, a new Commonwealth entity to build and own firmed renewable regeneration, offering long-term power purchase agreements to Australia’s strategic industrial facilities. Anchored by the Commonwealth’s lower cost of capital and longer investment horizon, Sovereign Power can deliver electricity at a price that makes Australian heavy industry globally competitive in service to the nation’s industrial future.


June 2026
Thomas Probst

Alison Pennington

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