Australia’s Renewable Energy Future

Australia’s Renewable Energy Future

Australia seems like the perfect land to take advantage of renewable energy sources, such as solar power, on and offshore wind farms, geothermal technologies etc. After all, with the major cities being coastal, Australia has a lot of room in the areas surrounding the major hubs of society. Beyond that, it has the population to fuel employment, and if able to lure immigration very easily if more workers are required in different areas. Instead of spending money and investing in renewable energies, mining companies often bully the government in their decisions and policy making. The mining firms destroy the landscapes of Australia by digging mines and polluting the environment through their use of fossil fuels, and pushing a further reliance on to these products.

With Australia looking to make good on their promise of using 20% of their power needs using renewable energies, there is one good sign in the form of a study done by market research and consulting firm Frost & Sullivan. This study starts that, at current, Australia is generating 8.67% of their electrical and power needs using renewable resources. A growth is expected to continue, which will hopefully lead to the goal being reached, and quite possibly exceeded.

Previously, the Australian government had in place solar power incentives and rebates. These, however, have been cut back drastically following some poor decision making in other areas, and the wasting of much money.

Australia, in 2010, doubled it’s solar PV infrastructure, however it is still lagging behind countries such as Germany, despite having much more possibility for growth in this area. 2011 is shaping up as the year where the focus and emphasis will be placed more on wind turbines and farms, with five large scale and high profile wind farm developments to take place.

Australians are seeing their electricity and power bills rise each month, and are being hit hard by these increases. It’s not just the bills, which are rising due to the rising cost of utilities, but also groceries and other goods and services. This is seeing more and more people converting their homes to solar, despite the high initial outlay for these products.

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