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Alternative energy will not save the world (Analysts: (large energy plants…
Alternative energy will not save the world
Australia
global leader
per capita renewable energy deployment
3,5 gigawatts of large scale clean energy projects
meet the national 2020 renewable energy target
23% of electricity required
Analysts:
large energy plants
based on commercial factors
cost of clean energy
businesses sigh direct contracts
avoid high market prices
Hugh Saddler
energy consultant and honorary associate professor
alternative energy equivalent to:
electricity boom 1950
hydro plants
coal
transformed the electricity system
new renewable projects in NSW
NSW = New South Wales (State in Australia)
replace coal-fired plant in 2022
Possible?
pace of investment
new 2020 investments uncertain
renewable energy target stops
more 'renewable' generations
2 more items...
Energy from coal-fired power plants
60% of grid energy
Operating around the clock
Turn off when it is not profitable
UK
demand for clean energy
269 planning applications 2019
wind
solar
bioenergy projects
why?
reach climate goals
cut carbon emissions
clean energy developers
more projects
falling technology costs
greater support from financiers
lucrative investment
government:
subsidising onshore wind projects