The world’s best solar power schemes now offer the “cheapest…electricity in history” with the technology cheaper than coal and gas in most major countries.
That is according to the International Energy Agency’s World Energy Outlook 2020. The 464-page outlook, published today by the IEA, also outlines the “extraordinarily turbulent” impact of coronavirus and the “highly uncertain” future of global energy use over the next two decades.
Australia’s energy ministers have started the ball rolling on our renewable energy future. If we remained reliant on carbon fuels, we would have become a “stranded asset”.
Australia is a global energy giant. It ships to the world such vast tonnages of coal and LNG that it’s the third-biggest energy exporter on the planet, after Russia and Saudi Arabia. Yet the giant has been brought to its knees. This week millions of Australians living in NSW, Victoria, Queensland and South Australia were urged to turn off their electric appliances during times of peak demand to avoid blackouts.