If Australia transitioned to 100 percent renewable energy for all purposes, including electricity, transportation, heating, cooling, and industry, onshore and offshore wind energy would account for over 40 percent of the country's energy mix. Additionally, solar energy from all types of plants would also be a dominant source of renewable energy. The projection highlights the nation’s diverse renewable resources.
Is a transition to 100 percent renewable energy feasible?
The leading barriers to a renewable energy future are cost, intermittent supply, and geography.
Upfront capital costs can be high, and this has been addressed in some way in the form of the Renewable Energy Target, as well as through specific state policies. In terms of wind and solar, the amount of energy generated can be unpredictable, although advancements in energy storage are reducing the impact of this. Transmission problems can also arise if the source of renewable energy is geographically distant to where the energy is required. While these barriers may delay the switch to renewable energy, continued policy changes along with technological innovations will go a long way in securing Australia’s renewable energy supply for the future.
Projected energy mix in a 100 percent renewable energy transition in Australia in 2050
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The Solutions Project. (December 31, 2018). Projected energy mix in a 100 percent renewable energy transition in Australia in 2050 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/512759/transition-to-renewable-energy-in-australia-outlook-by-source/
The Solutions Project. "Projected energy mix in a 100 percent renewable energy transition in Australia in 2050." Chart. December 31, 2018. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/512759/transition-to-renewable-energy-in-australia-outlook-by-source/
The Solutions Project. (2018). Projected energy mix in a 100 percent renewable energy transition in Australia in 2050. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/512759/transition-to-renewable-energy-in-australia-outlook-by-source/
The Solutions Project. "Projected Energy Mix in a 100 Percent Renewable Energy Transition in Australia in 2050." Statista, Statista Inc., 31 Dec 2018, https://www-statista-com.ezproxy.canberra.edu.au/statistics/512759/transition-to-renewable-energy-in-australia-outlook-by-source/
The Solutions Project, Projected energy mix in a 100 percent renewable energy transition in Australia in 2050 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/512759/transition-to-renewable-energy-in-australia-outlook-by-source/ (last visited November 10, 2024)
Projected energy mix in a 100 percent renewable energy transition in Australia in 2050 [Graph], The Solutions Project, December 31, 2018. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/512759/transition-to-renewable-energy-in-australia-outlook-by-source/