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Renewable energy now cheaper than coal

Media Release
Scott Ludlam 3 Apr 2014

Media Release
Senator for WA Scott Ludlam
April 3, 2014
Western Australia could be the first State in Australia to be powered on solar energy through the night with American company, Solar Reserve, setting up in Perth.
The move comes as independent research released today by Greens Senator for WA Scott Ludlam and Sustainable Energy Now shows it will be cheaper to deliver 100 per cent renewable energy than business as usual.
"In just 12 months, the cost of renewables has dropped so much it is now cheaper to deliver energy by renewables than by coal and gas," he said.
"We now have a solar company setting up here in Australia's sunniest state to enter into our market and that's exciting."
Since 2013, the Government's own forecasts show, the operating cost of renewable energy has fallen:
• onshore wind fell by 18 per cent
• tracking solar PV fell by 20-30 per cent
• concentrating solar power (solar thermal) fell by 8 - 27 per cent, and
• renewable energy overall operating costs reductions of about 20 per cent
Senator Ludlam was successful in encouraging Solar Reserve to set up their first Australian office in Perth in December 2013 and if re-elected will drive for WA's first solar thermal plant in his next term.
Solar Reserve is in the final stages of completing a 110 MegaWatt solar thermal plant which will power Las Vegas throughout the afternoon and into night, well after the sun has gone down.
For more inforamtion about Solar Reserve go here: http://www.solarreserve.com/

"By the end of my second senate term, my aim is to have the first of these solar energy power stations up and running in WA," he said
Media Contact: Sarah Quinton 0408 533 877

For more inforamtion visit: http://www.greenswa.net.au/energy2029

 

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