Australia has a vast potential for wind energy due to its long coastlines, expansive land area, and strong wind resources. The country has already made significant progress in developing its wind energy resources, with a cumulative installed wind capacity of over 7.1 GW as of 2021. The electricty generated from wind energy is clean greener and cheapest electricity too.
33K GWh Electricity from Renewable by 2020
The Australian government has set a target of producing 33,000 GWh of electricity from renewable sources by 2020, which will require a significant increase in wind energy capacity. Several new wind farms are under construction, and many more are in the planning stages, which will further increase Australia’s wind energy capacity. Many of the Energy providers start focussing on wind energy for electricity generation.
Siginificant Contributor in reducing Greenhouse Emission
The scope of wind energy in Australia is further enhanced by the declining cost of wind energy technology, making it increasingly competitive with conventional sources of energy. Wind energy is also a significant contributor to reducing greenhouse gas emissions and meeting Australia’s climate change commitments. Wind energy is still strugling in the competetion with the conventional fuels like cheap oil and gas.
Significant Potential to Creat Employement
In addition, wind energy projects have significant potential to create jobs and stimulate economic growth in regional areas of Australia. The development of wind energy projects often involves significant investment in infrastructure, which can benefit local communities and provide opportunities for local businesses.
Overall, the scope of wind energy in Australia is significant, and with continued investment and government support, wind energy is likely to play a crucial role in Australia’s transition to a low-carbon economy.