In the wake of soaring temperatures that made it impossible for some residents in the Australian outback to pump gas, good news is finally coming to the energy market Down Under. A report by Bloomberg New Energy Finance (BNEF) found that unsubsidized renewables are now cheaper sources of electricity than new-build gas- or coal-fired plants.
Report Finds Renewable Energy Is Cheaper Than Gas And Coal In Australia
Morgana Matus, Inhabitat
Thu, 02/07/2013 - 9:50am
BING NEWS:
- Wisconsin ratepayers, still paying off the coal plants of the past, asked for $2 billion for the gas plants of the future
Advocates say the state’s lack of long-range planning requirements threaten to strand customers with obsolete gas infrastructure.
05/15/2024 - 2:57 am | View Link - Why banks consider renewable energy to be a riskier investment than fossil fuels
One of the largest contributors to the cost of generating renewable energy is the upfront cost of raising investment. Banks tend to lumber riskier investments with higher interest rates, and so these ...
05/15/2024 - 1:54 am | View Link - Renewable energy generation reaches 30% globally
The global transition to cleaner energy sources is moving forward. According to a recent report from the U.K.-based energy think tank Ember, 30% of the world’s energy generated last year was from ...
05/14/2024 - 4:41 am | View Link - Air pollution interventions
The report, “Air Pollution Interventions: Seeking the Intersection Between Climate and Health,” finds that "the single most ... reducing sulfur content in fuel, converting coal-fired power plants to ...
05/12/2024 - 1:00 pm | View Link - Global renewable energy grew by 30%, but demand is still too high for supply
Global renewable energy grew by 30%, but the rise in demand created a shortfall in clean sources, increasing fossil generation to meet the gap.
05/11/2024 - 4:00 am | View Link - More
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