Skip to main content

What are the objectives of the Strategy for Transport for NSW?

Future Energy Strategy

What are the objectives of the Strategy for Transport for NSW?

Implement financially sustainable actions to maximise value ans position the sector to take advantage of rapidly developing technology. Secure our transport energy needs and manage energy supply climate risk. Support the transition of the transport sector to net zero emissions by 2050.

The NSW Government is embracing advances in technology and renewable energy to deliver emissions reductions while providing economic opportunities.

There are significant opportunities for the transport sector to increase uptake of electric vehicles, embrace innovations in hydrogen fuel cell technology and shift towards renewable energy sources. Actions by Transport for NSW during this period of transformation will contribute to the state-wide transition to a net zero economy while securing energy needs, maintaining a strong economy and protecting the environment.
 

Implement financially sustainable actions to maximise value and position the sector to take advantage of rapidly developing technology

There are four major global technology trends shaping the future of transport and innovation at a rapid pace. They are automation, connectivity, electrification and sharing.

The transport sector’s transition to a low emissions environment will need to leverage new technologies, in particular electric batteries, fuel cell technology and the use of renewable energy sources.

Low and zero emissions technologies are becoming cost competitive as global demand for low emissions products and services continues to grow and mature. Since 2010, the cost of solar generation has fallen by more than 73 per cent,  while electric vehicle battery prices have decreased by more than 85 per cent6.

As prices continue to fall, there will be opportunities to support economic growth, jobs and lower long-term energy costs for transport. Investing in proven technologies now will position NSW to rapidly access these benefits. For Transport for NSW this includes:

  • Growing the pool of electric vehicles and charging infrastructure used by Transport for NSW, sending a clear demand signal to the market for vehicles which will ultimately have lower fuel and maintenance costs

  • Undertaking hydrogen bus trials. Hydrogen fuel cells are a strong contender for heavy freight, and bus trials can play a key role in incubating this technology by demonstrating the use case and building capability and expertise.
     

Secure our transport energy needs and manage energy supply climate risk
 

Moving from imported liquid fuels to domestically generated electricity improves energy security and can produce significant cost savings. Currently, the average driver can save about $1,300 on fuel costs and about $300 on maintenance costs6 a year by switching to an electric vehicle.

Over the coming decades, NSW coal fired generators will approach the end of their operational life and are expected to be retired. New renewable generation (such as wind and solar) supported by energy storage technology (such as pumped hydro, batteries and thermal storage) is expected to replace most of the retiring coal fired power stations.

Transport for NSW is well placed to lead the market through how it sources electricity to operate the Sydney train network, electric buses and other infrastructure such as office spaces and depots.
 

Support the transition of the transport sector to net zero emissions by 2050

As a significant emitter of greenhouse gases, the transport sector plays a key role in operating in a more sustainable way to limit environmental impacts and contribute to the NSW Government’s target of achieving net zero emissions by 2050.

Transport for NSW is well placed to be a leader and innovator in reducing emissions from the transport sector to net zero by increasing the electric passenger vehicle and bus fleet, adopting digital technologies to improve traffic flow, investing in the incubation of hydrogen fuel cell technologies for heavy duty vehicles and moving to local, renewable energy sources for electric trains, light rail and buses.

Transport for NSW recognises that greenhouse gas emissions from heavy vehicles are predicted to increase in Australia and globally. While the NSW Government does not run a significant heavy vehicle fleet, Transport for NSW will work with private logistics and freight companies who are best placed to identify the barriers and opportunities for emission reductions from freight.

6 Net Zero Plan Stage 1

Six principles for Future Transport

The Future Transport 2056 Strategy is focused on six key principles for the future of mobility in the state, which together aim to positively impact the economy, communities and environment of NSW.

Read more