Gas losing favour in electricity market as renewables power on

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Renewable energy generation reached record highs in all Australian mainland states in 2021 as reliance on gas continued to drop across the country | perkinsmiki

Renewable energy generation reached record highs in all Australian mainland states in 2021 as reliance on gas continued to drop across the country.

Tasmania matched its previous 2020 record of 99.9 per cent of renewable energy – created through wind, water and solar – in 2021. “Gas is so expensive … it’s honestly one of the silliest ways to produce electricity when we have more and more battery storage,” said Dr Taylor.Despite pandemic lockdowns and supply chain problems, householders led a record increase in rooftop solar capacity last year. More than 3000MW was installed in 2021 and almost one-third of Australian households have solar panels, the highest rate in the world.

 

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