- Joined
- Dec 31, 2016
- Messages
- 11,375
- Reaction score
- 2,650
- Gender
- Male
- Political Leaning
- Independent
Actually Australia has had a lot of growth in renewables. But instead of listening to a blogger, let's look at what Andrew Smith has to say. He is the Global Head of Energy, Specialised & Acquisition Finance at National Australia Bank.
Australia’s renewable energy boom to continue in 2019 | Business Research and Insights
“There’s a tremendous opportunity for further deployment of renewables in Australia, and the reason I say that is, due to our historic reliance on ageing coal-fired generation we have one of the most carbon-intensive electricity grids in the world.
“Fundamentally, utility-scale wind and solar projects are the cheapest new entrant and we continue to see innovation leading to further cost declines” Smith said
Australia’s renewable energy boom to continue in 2019 | Business Research and Insights
“There’s a tremendous opportunity for further deployment of renewables in Australia, and the reason I say that is, due to our historic reliance on ageing coal-fired generation we have one of the most carbon-intensive electricity grids in the world.
“Fundamentally, utility-scale wind and solar projects are the cheapest new entrant and we continue to see innovation leading to further cost declines” Smith said