Recent data from the International Renewable Energy Agency (IRENA) highlights Australia as a global leader in per capita solar and wind generation capacity, alongside Sweden, the Netherlands, Germany, and Denmark. This positions Australia at the forefront of renewable energy adoption, reflecting significant national investments in sustainable power sources.
The report also indicates that global solar capacity has been doubling every three years, and wind capacity every six years, while fossil fuel and nuclear capacities have remained relatively static. This trend underscores a global shift towards renewable energy, with Australia playing a pivotal role in this transition.
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Context & Background
Australia’s commitment to renewable energy has been underscored by substantial investments and policy initiatives. In April 2024, Queensland legislated a target of 80% renewable energy generation by 2035, aiming to create over 100,000 new jobs in sectors like manufacturing and renewable energy generation. This legislative move provides certainty to industries and communities about the state’s shift from thermal coal to renewable energy.
Despite these advancements, challenges remain. The Australian Energy Market Operator (AEMO) has warned of potential power shortages due to delays in installing transmission lines necessary for integrating wind and solar farms into the grid. The 900 km EnergyConnect transmission line, intended to link grids across three states, has experienced commissioning delays, highlighting the need for infrastructure development to support renewable energy expansion.
In This Story
International Renewable Energy Agency (IRENA)
IRENA is an intergovernmental organization that supports countries in their transition to a sustainable energy future, serving as a platform for international cooperation and a repository of policy, technology, resource, and financial knowledge on renewable energy.
Australian Energy Market Operator (AEMO)
AEMO is responsible for operating Australia’s electricity and gas markets and systems, ensuring the reliable and secure delivery of energy to consumers.
Queensland Government
The government of Queensland, Australia, has been proactive in setting renewable energy targets and implementing policies to transition the state towards sustainable energy sources.
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