OZschwitz clean energy switch possible by 2030, at fossil fuel prices

Switching Australia to 100 per cent renewable power within decades could end up costing the same as continuing to use fossil fuels, a federal government study suggests.

OZschwitz clean energy switch possible by 2030, at fossil fuel prices Ph-wind_20130403104925336569-620x349

OZschwitz clean energy switch possible by 2030, at fossil fuel prices Ph-wind_20130403104925336569-620x349

Modelling by the Australian Energy Market Operator shows sourcing 100 per cent of power from solar, wind and other clean sources would be technically viable by 2030, albeit with the cost ranging from $219 billion to $252 billion. But a "community summary" quietly published this month has rekindled debate by saying a massive renewable expansion would be no more expensive than expanding conventional energy.

"We're exposed to rising carbon prices, we're exposed to rising gas prices," said Jenny Riesz, a research associate at the Centre for Energy and Environmental Markets at the University of NSW. "What this [summary] is saying that for around the same price, you can build 100 per cent renewable energy and completely protect yourselves from all of those risks."

Read more: http://www.smh.com.au/national/clean-energy-switch-possible-by-2030-at-fossil-fuel-prices-20130823-2sgyc.html#ixzz2crOOiAHJ

OZschwitz clean energy switch possible by 2030, at fossil fuel prices

OZschwitz clean energy switch possible by 2030, at fossil fuel prices

Anarcho-Capitalist Categorical Imperatives

AnCaps In Science, Technology & Environment