Renewable energy target can go all the way to 100% – if we let it

Published by The Conversation. View original article.

Australia has a possible path to 100% renewables – if governments and business can be persuaded to take it. AAP Image/Alan Porritt
Australia has a possible path to 100% renewables – if governments and business can be persuaded to take it. AAP Image/Alan Porritt

The political outlook for renewable energy is not great – and I’m not just talking about the view out of Joe Hockey’s car window.

The Renewable Energy Target (RET), which aims to deliver 41 million megawatt-hours of extra renewable energy by 2020, is under review by the federal government. The signs are not promising for preservation of the target, given the views espoused by the Treasurer and the composition of the Review Committee. Continue reading “Renewable energy target can go all the way to 100% – if we let it”

Report finds SA’s leading wind capacity benefits pricing and emissions

In the eight years between 2005 and 2013 South Australia’s installed wind capacity grew from 388 MW to 1203 MW thanks to the Renewable Energy Target and price on carbon – a result which saw 25% of the state’s electricity … Continue reading Report finds SA’s leading wind capacity benefits pricing and emissions

Wind Power Is Reducing Electricity Rates; Pays Back Tax Credit 17 Times Over

Published by Triple Pundit. View original article.

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Higher performance turbines, lower manufacturing costs and lower prices for consumers drove new U.S. wind energy construction to record heights in early 2014 — despite the U.S. Congress still debating whether or not to renew the federal renewable energy production tax credit (PTC), which expired Dec. 31. In many parts of the U.S., wind energy is now the cheapest form of electricity generation – cheaper than natural gas and even coal, NextEra chief financial office Moray P. Dewhurst recently stated on an earnings call. Continue reading “Wind Power Is Reducing Electricity Rates; Pays Back Tax Credit 17 Times Over”

Wind Energy is a Key Wedge in the Fight Against Global Warming

Published by Energy & Policy Institute. View original article.

Wind farms reduce green house gas emissions in the overall electrical grid on close to a 1:1 basis. Typical grids produce 800 g of CO2 equivalent (CO2e) per KWh generated by their mixes of fossil, nuclear and renewable generation, and wind energy displaces virtually all of that. It’s difficult to imagine the mindset in which one would assert that black is white and that wind energy actually increases greenhouse gas emissions or does not reduce them. Yet many anti-wind commentary continues to make this claim based on an overlapping and baseless set of myths. Continue reading “Wind Energy is a Key Wedge in the Fight Against Global Warming”