Off river pumped hydro sites using old mines or reservoirs are likely to deliver lower cost energy storage than other pumped hydro options.
Technology leaps and improved efficiency are driving down the cost of solar PV electricity in Australia to $A30/MWh, below operating cost of most coal and gas.
New report confirms special status of Australia as “global pathfinder” for renewable energy, deploying new wind and solar 10 times faster per capita than the global average.
Renewable energy is a much better choice than coal fired generation, in terms of both costs and jobs.
Solar PV and wind power are rapidly getting cheaper and more abundant – so much so that they are on track to entirely supplant fossil fuels worldwide within two decades.