The University of Melbourne in collaboration with the Energy Research Institute have recently published the Australian Sustainable Energy Zero Carbon Australia Stationary Energy Plan, which provides a ten year roadmap for 100 per cent renewable energy.
The report indicates that Australia is currently the world’s largest exporter of coal and has one of the highest greenhouse gases per capita. With the right social and political leadership, it says that it is technically possible to reach 100 per cent renewable energy in the country within a decade.
It has been noted that Australia has one of the best solar resources in the world, capable of supplying 60 per cent of Australia’s electricity with twelve solar sites around Australia would be chosen each with an installed capacity of 3500MW per site.
This is also followed by wind power which can supply 40 per cent of the country’s electricity.
The renewable energy grid could generate 80,000 jobs during construction and 45,000 in operation, with the predicted investment required for the transition at about $8 per household per week.
For more information on the report, refer to the University of Melbourne’s website.