Renewables contributed to 21% of Australia’s energy mix in 2018

By Sophie Chapman
In 2018, renewable power contributed to a record amount of the Australia’s energy mix, at 21%. According to the Clean Energy Council’s annual repor...

In 2018, renewable power contributed to a record amount of the Australia’s energy mix, at 21%.

According to the Clean Energy Council’s annual report, the nation has 14.5GW of new renewable capacity under construction or with a financial commitment.

The new capacity is spread across 87 projects, which are expected to see the nation reach its renewable target of 33TWh by 2020 target early, Wind Power Monthly reported.

The Australian clean energy body suggests that 2019 is set to be another record-breaking year.

SEE ALSO:

“In 2018, renewable energy entrenched its position as the lowest-cost type of new energy that can be efficiently built, and costs for new solar and wind power continued to fall — meaning investors saw more bang for every buck,” remarked Kane Thornton, CEO of the Clean Energy Council.

Last year, wind power contributed to 33.5% of the country’s total renewable generation, and 7.1% of Australia’s energy mix.

Hydro provided 35.5% of the nation’s total clean energy and 7.5% of its electricity generation.

“With no energy policy beyond 2020, the clean energy industry's extraordinary achievements risk grinding to a halt unless the next federal government commits to a sensible and enduring energy policy that can provide long-term investment confidence,” Thornton continued.

“The states have acted to fill the gap with their own policies, but the lack of a streamlined national policy puts much of the remarkable progress that has been made at risk.”

Share

Featured Articles

Flex among 330 firms given A-list CDP sustainability status

CDP's 2022 report – Scoping out: Tracking Nature Across the Supply Chain - based on data from 18,700 firms who disclosed climate, water & forests impacts

DHL Supply Chain's Volvo EVs put down net zero marker

DHL Supply Chain's Saul Resnick says new Volvo electric trucks 'mark a key milestone in our journey towards alternative fuel vehicles and net zero goals'

tentree restores oceans with sustainable clothing products

Consumers are realising the need for sustainable action and their choice to purchase tentree products now actions deforestation and ‘seaforestation’

Deutsche Bank supports this years’ International Women’s Day

Diversity & Inclusion (D&I)

The urgent need to drive sustainability in supply chains

Supply Chain Sustainability

Schneider Electric promotes a new CEO to manage AutoGrid

Renewable Energy