Renewable energy generation in Australia 2021, by source
Australia’s changing energy mix
As it stands, coal is by far the most dominant energy source in the country. However, ambitious emissions reductions targets have driven growth in the renewables segment. Australia has become one of the most attractive countries for renewable energy investments worldwide. The pipeline for renewable energy infrastructure looks robust, with a focus on increasing the presence of solar photovoltaics.
Getting the right mix
Australia’s renewable energy capacity is dependent on the availability of resources used to generate this energy. While hydropower has held an important place in the past, future renewable energy projects will likely focus on expanding wind, solar, and bioenergy capacities. Australia is the driest continent on earth, and drought has challenged hydroelectricity generation in the past. Shifting development to more reliable renewable sources will aid in securing the nation’s green energy supply.