Australia currently has around 150 MW of installed solar power capacity.
Australia has the highest average solar radiation of any continent but yet despite this only around 50,000 Australian homes had solar PV installed.
Australia invested a $1.02 billion in the first quarter of 2010 in new renewable energy projects, this looks like a decent sum but on the global level it accounts for only 0.8 percent of total global investment in renewable energy sector.
The 2009 Australian budget delivers 1.35 billion dollars, over 6 years, for solar power.
Biomass currently satisfies less than 5% of Australian energy needs, with wood representing around 2,5& of Australia's primary energy consumption.
Around $31 billion worth of renewable energy investments are underway or are planned for Australia, which should create close to 26,000 jobs.
In the end of 2009 Australia had 33 operational wind farms with a total capacity of 1877 MW providing 1.3% of Australia's national electricity demand.
The largest wind farm in Australia is Lake Bonney Wind Farm in South Australia with the capacity of 239.5 MW.
If Australia would use only 1% of the geothermal heat resource within the top 5 kms of the Earth’s crust it could provide 26,000 times its annual energy consumption.
Hi,
ReplyDeleteI have found your post, it is very nice and your idea is very creative. You have defined good use of Renewable Energy Australia, Renewable energy currently provides around 4% of Australia's electricity, with solar and wind power being the most important renewable energy sources.