Meanwhile in the real worldA flood of new renewable energy...

  1. 5,274 Posts.
    lightbulb Created with Sketch. 76

    Meanwhile in the real world


    A flood of new renewable energy projects is likely to drive down household electricity bills, according to new analysis by government policy adviser the Australian Energy Market Commission (AEMC).


    "The reduction is driven by the estimated entry of 9,732 megawatts of accredited, committed or expected new generation and battery storage," the report found.


    The vast majority of the new generation is from intermittent renewable sources like wind and solar (8,961 MW). Just 566 MW of new thermal generation is expected to be added to the market  by way of new gas power plants and upgraded capacity of existing coal plants."

    Last edited by scittyandcross: 21/12/18
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.