The sustainability of Australian energy has become a pressing issue in recent years as concerns about climate change and energy security have grown. Australia is heavily dependent on fossil fuels, particularly coal, which has led to high greenhouse gas emissions and significant environmental impacts. Most Energy Providers uses Conventional fossil fuels to generate electricity.
Government Policies and Initiatives
To address these issues, the Australian government has implemented various policies and initiatives aimed at promoting the use of renewable energy sources and reducing greenhouse gas emissions. One of the most significant policies is the Renewable Energy Target (RET), which aims to ensure that 33% of Australia’s electricity comes from renewable sources by 2020. The RET has been successful in driving investment in renewable energy projects, with Australia now one of the leading producers of solar and wind energy in the world.
National Energy Productivity Plan (NEPP)
Another important policy is the National Energy Productivity Plan (NEPP), which aims to improve energy efficiency across all sectors of the economy. The NEPP includes measures such as energy audits, minimum energy performance standards for appliances, and energy efficiency labeling for buildings.
Despite these policies, there are still challenges facing the sustainability of Australian energy. One of the most significant challenges is the country’s reliance on coal for electricity generation. Coal-fired power plants account for around 60% of Australia’s electricity generation, making it one of the most carbon-intensive electricity systems in the world.
Plan to Phase out Coal-Fired power Plants
To address this issue, the Australian government has announced plans to phase out coal-fired power plants and transition to a more renewable-based electricity system. The government has set a target of achieving net-zero emissions by 2050, which will require significant investments in renewable energy and energy efficiency.
Another challenge facing the sustainability of Australian energy is the impact of climate change on the country’s energy infrastructure. Australia is particularly vulnerable to extreme weather events, such as bushfires, floods, and cyclones, which can damage energy infrastructure and disrupt supply.
Investing on Smart Grids
To address this challenge, the government has implemented various measures to improve the resilience of the energy system, such as investing in smart grids, battery storage, and microgrids. These technologies can help to improve the reliability and flexibility of the energy system, making it more resilient to extreme weather events. Also when the transition of energy completed, from then the consumers will started to get cheapest electricity
In conclusion, the sustainability of Australian energy is a complex issue that requires a multifaceted approach. While the country has made significant progress in promoting renewable energy sources and reducing greenhouse gas emissions, there are still challenges to be addressed, particularly around the transition away from coal and improving the resilience of the energy system. With the right policies and investments, however, Australia has the potential to become a leader in sustainable energy and play a key role in mitigating the worst effects of climate change.