Australia is well on the way to reaching its 2020 renewable energy target of 20 percent, according to recent figures released by the Clean Energy Council. An impressive 4 million households in Australia now use renewable energy, which has resulted in a record breaking 13.14% of electricity in our country coming from clean renewable sources.
“The cost of fossil fuels such as gas has been going up, while clean energy has been getting cheaper”, CEC chief executive David Green stated in the report. This has been dramatically changing the way Australian’s are sourcing and using energy.
Solar power, wind and bio-energy have all grown substantially over the past decade, but it is hydro-electricity that dominates our clean energy usage, accounting for more than half of our renewable energy production.
Not only are these figures great news for the environment, they are also resulting in an injection for the clean energy industry, which in 2012, contributed over 24,000 jobs and over $4 billion investment to the Australian economy.
In March this year, the millionth solar power system in Australia was installed. And last year Australia’s wind power businesses broke records, with our nation’s 62 wind farms powering the equivalent of over 1 million homes.
The industry is going from strength to strength, with consumers becoming more aware that the cheapest and cleanest energy is the energy that you don’t use.
According to the Australian Bureau of Statistics, almost 90 per cent
of people took some kind of action last year to reduce their power bills.
“Businesses and households are increasingly turning to energy smart appliances, and more than 800,000 solar hot water systems have now been installed as well”, Mr Green said.
With the major political parties committed to the 2020 Renewable Energy Target, and the vast majority of Australian’s wanting more renewable energy, it is a very positive outlook for the industry in our country.