Renewable Energy News

Queensland Premier Annastacia Palaszczuk yesterday launched an Energex trial of three battery storage systems, including a Tesla Powerwall battery configuration.

According to Professor Mark Diesendorf, it is feasible for Australia’s electricity to be supplied by 100 per cent renewable energy- here’s how.

In the past, relying on renewable energy as a sole power source was seen as far too risky because of the variability and uncertainty of the weather.

Now that the problem of ‘consistency’ has been cleared up, it is now understood that electricity industry supply would not be significantly affected when primarily using renewable, clean energy.

A study by the International Renewable Energy Agency (IRENA) released yesterday reveals renewable energy could deliver $A1.9 trillion of benefits to the global economy by 2030, sparking new jobs and opportunities for economic growth.

IRENA found renewable energy targets are now in place in 164 countries and the sector already employs about 9.2 million people globally.

Solar Citizens Campaigns Director, Dan Scaysbrook, said the IRENA report shows that the potential benefits of the solar revolution is massive but the government needs to deliver reforms to ensure Australia claims its share of investment and jobs.

The global renewable energy industry continued its rapid expansion in 2015, with the latest figures from Bloomberg New Energy Finance (BNEF) showing 2015 was a record year for investment.

BNEF says 2015 was also the highest ever for installation of renewable power capacity, with 64 GW of wind and 57 GW of solar PV commissioned during the year, an increase of nearly 30 per cent over 2014.

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