Renewable Energy in Australia: Potential and Progress

Recently there has been a lot of talk in how a country can improve their ecological footstep. One way of doing so is definitely changing the way the respective country produces its energy. Australia has recently been headlining the news in regard to the renewable energy situation. Australia’s energy production is looking towards a new future with a specific aim on solar and wind power.

If Australia plans on keeping its water resource at a steady level, it has got to go from its use of coal to renewable sources. Thanks to its abundance in both solar and wind energy, Australia has quite the advantage when it comes to green energy production possibilities.

Unfortunately though due to their geographic position, the water supply is limited for the country. So much so, that the coal industry was taking a toll on the water supply due to the large quantities of water needed when producing energy from coal. As a result, moving over to wind and solar energy fueled productions is a viable option seeing how both respective energy productions do not require water.

The news that Australia was listed as a “water-stressed company” was released by the World Resource Institute; a non-profit organization based in Washington D.C. Moreover, on this past May 13th The Sydney Morning Herald also wrote that 73% of Australia’s electricity needs were met by the use of coal. In respect to these findings and Australia’s continuous growth, it is imperative that new resources are used for energy production.

Australia has been making headlines in renewable energy sector.

Fortunately, Australia’s geography is a big resource as well when it comes to studying the possibilities of implementing the new energy production. It was in fact calculated that the dimensions of the solar power farm needed to meet the country’s demands would result in occupying only 0.1% of Australia’s total land mass; I think we can all agree on the fact that that land could be spared for a solar farm.

And on that note, the government is taking the matter seriously, and has called upon everybody to try and better the situation. The incentives call upon small businesses and households as well by reminding them that there are the possibilities of installing their own solar panels, heat pumps, solar water heaters, and more.

Thanks to the various incentives, the Green Energy Council has stated that there is a lot of activity in the sector, including at least 58 different projects focused on implementing the renewable energy sources. As a consequence of these projects, the council has also stated that there would be an income of $10 billion in investments, 6,141 new jobs, and 5,482 megawatts of renewable energy capacity. Definitely great numbers to look forward to!

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