Wind farm in Australia. Image: Greg Brave Shutterstock

The country is developing renewable energies at an unprecedented rate. It works to increase storage and transport capacity, with the goal of reaching 100% clean energy by 2030.

Green energy in Australia.

The electricity sector can be 100% renewable in Australia by 2030, according to an analysis by the Australian National University. In fact, it installs a higher average of clean energy per person than the European Union, Japan, China, and the United States.

Between 2018 and 2019, Australia will install around 10,400 MW of renewable energy production. This new capacity includes 3,200 MW of small rooftop photovoltaic systems and 7,200 MW of solar and wind power.

The nation can count on a 50% renewable electricity by 2024. In this way, it will comfortably meet the emissions reduction target of the Paris Agreement, which provided for 26%.

This achievement is due to the cheaper electricity produced by large wind and photovoltaic power plants. The price of electricity from renewable energies is $ 50 per MWh and it will continue to decline, in part due to the development of highly profitable storage systems.

The production cost is lower than that of existing gas-fired power plants and thermoelectric plants, which are in 82 MWh $. Therefore, there is a significant financial incentive.

The Australian government is focused on increasing the capacity of storage and transmission to provide reliable power to homes and businesses. Australians are installing more self-consumption systems in their homes every day.

To strengthen the sector, it is necessary to improve the transmission of renewable energies through state distribution networks. This aspect is essential to offer an optimal service to the user.

Solar Park Australia. Image: Joe Ferrer Shutterstock

100% renewable by 2030.

If the industry continues to increase its renewable energy capacity, the following results can be achieved:

  • You can install a capacity of 33,000 GWh by 2020, or 29% of renewable energies in the energy mix.
  • It will provide up to 50% clean electricity by 2024 and 100% by 2030.
  • It will reduce emissions from the electricity sector by 26% by 2021.
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