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Coal to be kaput in Australia by 2050, as renewables, batteries take over

"Federal election 2019: Dutton's apology over disability slur 'humble thing to do', says PM"

Sophie Vorrath 19 June 2018

IMAGE caption
Greenpeace activists, including brand new executive directors of Greenpeace Netherlands: Anna Shoemakers and Joris Thijssen, block the coal ship ‘Paquis’ which plans to unload coal from Russia for the largest coal-fired power plant in the Netherlands. The blockade is accomplished by stretching a rope above the water between two wind turbines on either side of the harbour and attaching three Greenpeace activists to the middle of the rope. The activists are hanging ten metres above the water, holding a banner with the message: "Coal: Gone with the Wind". The sunset has come and the activists will stay at the rope until the morning.

The latest National Energy Outlook from Bloomberg New Energy Finance, predicts Australia will generate all but 8 per cent of its electricity from renewable energy sources by 2050, as dramatic reductions in battery storage costs boost solar and wind uptake.

The report, published on Tuesday night in Australia, neatly pole-vaults over the current national energy policy mire to forecast a six-fold growth in renewable capacity for Australia over the next 30-odd years, as technology and economics take over.

In fact, according to the NEO, renewables overtake fossil fuels as the major source of energy generation in Australia as early as 2031, before supplying 92 per cent of the total in 2050.

More - https://reneweconomy.com.au/coal-to-be-kaput-in-australia-by-2050-as-renewables-batteries-take-over-79854/