Australian news, and some related international items

Renewable energy will dominate Australia’s electricity in 25 years

Australia’s electricity ‘to be dominated by renewables’ in 25 years, : June 23, 2015 Renewable energy in Australia will outrun conventional means such as fossil fuels by 2040, accounting for 59 percent of electricity generation, according to energy analysts.

Rooftop solar systems are expected to squeeze out retiring coal and gas plants, the Guardian reports, referring to New Energy Outlook 2015, published by Bloomberg New Energy Finance.

However, analysts say that Australia’s carbon emissions from electricity are unlikely to fall significantly for at least two decades and will reduce only 9 percent by 2030 compared with 2014. Pollution will remain “stubbornly high” if the government doesn’t accelerate the closure of coal and gas plants.

It will be cheaper to replace retired electricity plants with wind or solar farms rather than with modernized coal plants even without the government’s participation, Kobad Bhavnagri, the head of Australia’s Bloomberg New Energy Finance, told the Guardian.

The Australian coal industry is currently focused on export and it has been “quite some time” since a new coal power station was built in Australia, he said………

If Australia places restrictions on fossil-fuels, it would be able to achieve 100 percent of renewable energy usage by 2040, Andrew Blakers, the director of the center for sustainable energy systems (CSES) at the Australian National University told the Guardian.

Moreover, the country would be able to achieve greenhouse neutrality a decade later if it switched to electric transport, including cars, trams and trains, he added.

“And it would be in everybody’s medium- and long-term interests to do so,” he said.

June 24, 2015 - Posted by | AUSTRALIA - NATIONAL, energy

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