Australia is on a path to rely on 100% on renewable energy sources by 2020. It was based on the research by Melbourne University’s Energy Research Institute through its Evironmental group Beyond Zero Emissions which was presented to the Australian Parliament.
The Zero Carbon Australia Stationary Energy report claims at a price of A$37bn ($32.4bn) a year Australia can totally replace fossil fuel baseload electricity using renewable energy technology that is already available today.
Technically, the strategy aims at a mix of 60% of energy from solar thermal with molten salt storage and 40% from wind power with possibility of advanced solar photovoltaic (PV) to hit grid parity between 2015-20.
The Zero Carbon Australia Stationary Energy report claims at a price of A$37bn ($32.4bn) a year Australia can totally replace fossil fuel baseload electricity using renewable energy technology that is already available today.
Technically, the strategy aims at a mix of 60% of energy from solar thermal with molten salt storage and 40% from wind power with possibility of advanced solar photovoltaic (PV) to hit grid parity between 2015-20.
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