With a record-breaking year under its belt, the clean energy industry is preparing for even greater success in the coming years. The Clean Energy Council has highlighted a few exciting advances to look forward to, including:
The home truth on solar
Solar power is more popular than ever and is leading the charge for a future of renewable energies.
Two million Australian homes now have solar power installed. This equates to six panels being fitted every minute, a figure which has broken previous industry records by more than 40 per cent.
This has not only helped home owners to cut costs, but also made the power grid more able to cope on hot, power demanding days.
For users of energy – large scale and residential – one of the most exciting opportunities is cheaper power.
The International Energy Agency reports that clean energy, including solar, hydro and wind power, are cheaper sources of power. This could be less than half the current market price of traditional coal and gas power.
Businesses of all sizes are hooking in to renewable energy for more affordable operating costs, and everyday citizens are installing rooftop solar systems to cut their bills.
The creation of more jobs
During 2018 alone, big investors funded more than 80 new wind and solar farms, as well as energy storage technology, creating 13,000 jobs around Australia.
The Australian Energy Market Operator predicts this to grow stronger over time. In the coming decade, they suggest an employment boom may occur with around 60,000 jobs being created within the clean energy industry. These jobs will include building, installing and operating the technology, and ongoing jobs in the maintenance of energy facilities, particularly in regional areas.
Impact on climate change
Ultimately, a major driving factor behind individuals and businesses getting behind clean energy is its environmental impact. In the Climate Institute’s national Climate of the Nation survey, 96 per cent of respondents said they wanted the country’s primary energy source to be renewable.
And it’s this support that will drive trends and action over the next decade.
The Clean Energy Council suggests that the most recent Victorian election was won on renewable energy policies, and hopes to see this trend continue. They said, “The clean energy industry is hopeful that the ripples from the election result will help to bring the major parties closer together on this issue.”
It’s clear that wind and solar power are popular, with benefits that are easy to grasp, making sure that the coming years will be brightly lit by clean energy.