Energy analyst Geoff Eldridge from Global Power Energy observed that Australia’s main grid saw record-breaking output from renewables and wind and solar energy on February 11th. At 1.55 pm (AEST), the renewables output reached 20,138.5 MW, surpassing the previous peak by over 731 MW.
Additionally, the output of wind and solar energy (variable renewables) touched 19,573.9 MW, breaking the previous record by over 900 MW.
Clearly, the transition from fossil fuels to renewables is gathering pace, because in just five years, the maximum renewable energy output has tripled from 6,612 MW to 20,139 MW.
Within the record-breaking renewable outputs, rooftop solar PV also set a new record at 11.5 GW, and wind and solar in Queensland exceeded 6 GW for the first time.
Furthermore, large scale solar set a new output record for the main grid the day before.
Separately, the International Energy Agency (IEA) said in its latest report that renewables combined with nuclear power will more than cover the increase in global electricity demand between 2022 to 2025.
Furthermore, clean energy sources will increasingly satisfy the growth in global electricity demand, squeezing out fossil fuels in the process.
Growth in energy demand will mostly emanate from Asia, with China accounting for a third of global electricity demand by 2025. According to the IEA, for the first time in history, by 2025, Asia will make up more than half of global electricity demand.
Sources: RENEW ECONOMY, WORLD ECONOMIC FORUM
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