Energy industry could be on track to 50 per cent renewable target

  • 📰 abcnews
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 83%

Business News News

Business Business Latest News,Business Business Headlines

AUDIO: Energy industry could be on track to 50 per cent renewable target

Energy analysts Reputex says Australia will hit a 50 per cent renewables target by 2030 as coal-fired power becomes uncompetitive.

Reputex says the growing dominance of renewables will come despite the lack of a federal energy policy. Ernst and Young power and utilities leader Matt Rennie also sees a tipping point and consumers switch to cheaper renewable sources.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Disposing of failing solar panels and short-lived lithium batteries not a clean energy future. Meanwhile, we were misled on climate.

Excellent! The irrelevance of federal government is comforting. State govts and businesses are going to take Australia forwards to a cleaner future. Coalisdead

Do you only post audio now? You might as well post content that requires a VR headset

'could be' being the operative words! With a population growing by the day, it seems like a never-ending game of catchup. The only power source able to deliver reliable peak demand electrical power now and into the future is nuclear generated electricity.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

After election, energy war reignites between government and industryThe Morrison government has wasted little time putting the heat back on the energy sector after its election victory, committing to its hardline interventions. LatimerCole Yep they are shattered- prices going up, rate basis changed. Lol they are prepared. LatimerCole gscsydney Dom_Perrottet Power shortages in next hot summer are unavoidable. The more energy hungry high rises are built for new immigrants, the worse the situation will become. When will the media finally dig into the numbers? NSW coal plants maxed out LatimerCole Good. A red light for the gravy train. Gold plating and profiteering to finance their pivot to rent seeking renewables and all the subsidies they entail. One golden rule , if Macquarie Bank are knee deep in anything it is bad for the community and the public purse
Source: smh - 🏆 6. / 80 Read more »