Tag Archive | renewable energy at home

Why is renewable energy important for the future?

There are many different reasons why renewable energy is extremely important for the future of our society and throughout this article I will mention the ones that I find to be most important.

Positive environmental impact is certainly one of the top reasons. Fossil fuels when burn create harmful greenhouse gas emissions that have significantly contributed to global warming phenomenon. Using renewable energy instead of fossil fuels we would significantly decrease the total amount of greenhouse gas emissions which would help prevent stronger climate change impact.

 

Boost to economy in form of new jobs. The number of people employed within the renewable energy industry continues to grow, and this gives many countries an excellent option to boost their economies in this post-recession period.

Less foreign oil import. The global oil market has become extremely volatile and our dependence on oil continues to grow. With more emphasis on renewable energy and using domestic renewable energy sources instead of importing foreign oil we would drastically improve our energy security and energy independence.

The variety of options. Renewable energy offers variety of different options to choose from as countries can choose between sun, wind, biomass, geothermal energy, water resources, etc.

The prominent position in global politics. The global clean energy race is very important and winners in this race will experience many political as well as economic benefits in years to come.

Excellent potential of renewable energy resources. Our sun for instance has almost unlimited potential. Wind, geothermal, biomass – all of these sources have excellent potential to satisfy our energy needs.

Renewable energy can help in electrification of many rural areas in developing world. In many rural areas renewable energy is cheaper energy option to satisfy energy needs compared to traditional energy solutions.

Renewable energy can also help improve political ties between countries by sharing technological know-how. Some large renewable energy projects could even be joined works of two or more different countries.

By Ned Haluzan

Jobs And Growth With A 50% Renewable Energy Target

Jobs and growth – it’s what politicians promise. It’s what renewable energy could deliver for Australia – 28,000 jobs nationally – with a boosted target.

The Renewable Energy: Future Jobs and Growth report released yesterday by the Climate Council states 50% renewable electricity by 2030 will generate almost 50% more employment than our current target of 34% by 2030 will provide.

A 50% target would see each state ahead and more than make up for any job losses in the coal sector.

Under such a scenario, New South Wales would see a net growth in jobs of around 11,000, Queensland 6,000 and Victoria 4,000.  South Australia and NSW would experience the largest per capita jobs growth.

Australian renewable energy jobs

More than half of new jobs would be created in the rooftop solar PV sector and a significant chunk of employment under a boosted target would occur in regional areas.

In addition to jobs and growth, the Climate Council states reaching at least 50% renewable electricity generation by 2030 would be crucial to assisting Australia meet its share of the global commitment to address climate change.

The report notes Australia’s coal-fired power stations are among the oldest and least efficient in the world.

Currently, Australia’s electricity market is still dominated by fossil fuel-based electricity generation, with just 14.6% of electricity coming from renewable sources. A 50% target would result in 22% less black coal consumption nationally.

“Research has shown that we need to source at least half of our electricity from renewables by 2030 to be on track to completely decarbonise power generation by 2050, which is essential to tackle climate change,” said Andrew Stock; Climate Councillor and energy expert.

This report is based on EY’s Australian electricity forecast model, which has been used to generate the BAU (Business As Usual) and 50RE (50% Renewable Energy) scenarios.

Climate Council CEO Amanda McKenzie says the research highlights that well thought out plans for winding down coal fired power generation is a better approach to supporting coal communities; rather than leaving it to market forces to dictate coal plant closures.

The 60-page Renewable Energy: Future Jobs and Growth report can be downloaded here (PDF).