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  • Identify the cradle to grave GHG emissions of products
  • Identify GHG hot spots in your supply chain
  • Run material and process scenarios
  • Inform business and supply chain strategies   

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Renewable energy now cheaper than new fossil fuels in Australia

CoClear

understand your impact

Renewable energy now cheaper than new fossil fuels in Australia

Erika Whillas

bloomberg-energy-logo

"This new ranking of Australia’s energy resources is the product of BNEF’s Sydney analysis team, which comprehensively modelled the cost of generating electricity in Australia from different sources. The study shows that electricity can be supplied from a new wind farm at a cost of AUD 80/MWh (USD 83), compared to AUD 143/MWh from a new coal plant or AUD 116/MWh from a new baseload gas plant, including the cost of emissions under the Gillard government’s carbon pricing scheme. However even without a carbon price (the most efficient way to reduce economy-wide emissions) wind energy is 14% cheaper than new coal and 18% cheaper than new gas. " Read full article: Renewable energy now cheaper than new fossil fuels in Australia