Climate Council States Solar Power is Cheaper Than Fossil Fuels

Jon Capistrano
Jon Capistrano
March 3, 2017

According to the Climate Council, solar energy is more affordable in Australia than retail power prices in most capital cities after going down 58% in the last five years.

The cost is predicted to go down further 40% to 70% by the year 2040 with the lowest price expected to drive an uptake in usage. It was also noted that industrial-scale solar plants are giving cheap power as compared to new coal plants.

Climate Council CEO Amanda Mckenzie said 20 solar plants were slated to be built all across Australia.

Another 3,700 megawatts of solar energy is coming online in the next few years, so that’s roughly equivalent to powering 600,000 households

Click here to read the full story on ABC News

Leave a Reply

Your email address will not be published. Required fields are marked *

Share on facebook
Share on twitter
Share on linkedin

Trending Posts

Making a Big Deal of Microgrids

Making a Big Deal of Microgrids

Australia is right now experiencing an energy revolution. It’s profoundly exciting. Yet if there’s one challenge we are facing, it’s that because the speed and scale of change is so vast, it’s easy for certain aspects of it to be overlooked a little now and then.

The Ambitions of the Asian Renewable Energy Hub
Green Energy

The Ambitions of the Asian Renewable Energy Hub

Australia has always known it would build stronger ties throughout Asia. There are many reasons for this, but central is the shared cultural and economic links that connect a nation of 25 million into a region of over 4.5 billion.