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The first comprehensive floating wind farm in the world has begun to materialise off the northeast coast of Scotland, BBC reported.
Statistics show that clean energy investments of approximately $2 billion across 35 dealings from 2016 to 2017 indicate substantial and secure Australian business growth.
A new report from the Australian Renewable Energy Agency (ARENA) found most Australians are willing to reward big businesses if they use renewable energy, even though some companies believe that their clients do not expect them to use clean energy.
The 12th Council of Australian Governments (COAG) Energy Council meeting was held last Friday, July 14, in Brisbane. The main focus of the meeting is to provide Australians with definite, dependable, and inexpensive electricity while lessening emissions.
In finding potential new energy sources, the government is tipping $2.5 million for the use of a project that would track and map the energy within Australia's tides.
The Chief Executive of the Australian Energy Market Operator (AEMO), Audrey Zibelman, expressed her concern on averting blackouts next summer. She further added that the planned development of a Tesla lithium ion battery in South Australia is a “very important part of our summer plan.”
Based on a new modelling by RepuTex, an energy analysis firm, the Australian wholesale electricity costs will be much lower even if the clean energy target is more challenging.
Greenpeace Germany commissioned a study entitled “Comparing Electricity Production Costs of Renewables to Fossil and Nuclear Power Plants in G20 Countries.” The study concluded that solar and wind energy will be the least expensive energy alternatives in G20 countries by 2030.
On Friday, The Guardian reported that Tesla's founder, Elon Musk, will establish the largest lithium ion battery in the world in South Australia, with the help of French energy utility Neoen.