The 2019 Clean Energy Report published by the Clean
Energy Council highlights the impressive growth trajectory of the
renewable energy industry in Australia.
In 2018, renewable sources generated a record
21% of all energy generated in Australia.
Investment in large-scale clean energy projects also reached
more than $20 billion, an amount double that of 2017.
In addition to these achievements, the decreasing price of
renewable energy and the adoption of renewable sources by large
energy users continues to be a source of great optimism for both
consumers and renewable energy generators in Australia.
RENEWABLE ENERGY NOW CHEAPER THAN COAL
A highlight of the Clean Energy Report1 (2019
Report) was its reference to research by CSIRO and the
Australian Energy Market Operator which found that the cost of new
wind and solar with six hours of storage was cheaper than new coal
generation2.
