Where To For Australia’s Renewable Energy Sector?
What does the current state of affairs in Australia mean for the renewable energy industry? Can it stand on its own, or will fossil fuels reclaim their dominance?
What does the current state of affairs in Australia mean for the renewable energy industry? Can it stand on its own, or will fossil fuels reclaim their dominance?
Australia’s 2020 Renewable Energy Target is potentially within grasping distance, according to the country’s Clean Energy Regulator, as long as the current pace of investment continues throughout the rest of 2017.
Originally published on RenewEconomy. by Sophie Vorrath As Australia prepares to pass its diminished Renewable Energy Target into law, one of its closest regional neighbours, Indonesia, has indicated it will be increasing its budget for renewables development five-fold, to a little over $A1 billion (IDR 11 trillion), in 2016. Indonesia’s … [continued]
Australians now have access to some of the cheapest electricity in the industrialized world — but not because grid electricity rates are low. In fact, Australians pay a lot for the electricity that they purchase from their utilities (and are generally quite unhappy about this). Instead, as Hugh Bromley of Bloomberg … [continued]
Once a leader in renewable energy investment, Australia now lags behind developing countries such as Algeria, Myanmar, and Thailand.
As noted in an article yesterday, I’ve been very busy in the past month (well, months…) moving into a new home and following the birth of a sweet little cleantech lover. Inevitably, “roundup articles” of important or interesting cleantech news we didn’t cover dropped off as a result. With a big backlog … [continued]
A new analysis of government data compiled by Green Energy Markets finds Australia on track to not only hit 22% renewables by 2020, but reach an unprecedented 51% of all electricity by 2050.