Girl Planting seeds

The new electricity boom: renewable energy makes staggering leap but can it last?

Thriving doesn’t quite cover it. New data released quietly late last week underscores the staggering pace of growth of renewable energy across Australia.  Nearly 3.5 gigawatts of large-scale clean energy projects were built in 2018. In capacity terms, this is more than twice the scale of Hazelwood, the giant Victorian brown coal plant that shut abruptly a couple of years ago, and it more than tripled the previous record for renewable energy installed in one year, set in 2017.  In generation terms, the amount of clean electricity being sent into Australian homes and businesses is expected to increase 36% this year, and should grow another 25% next year.  Read more....

 

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