To offset the decline of coal-powered energy, Australia will need to build dozens of new energy projects and upgrade the electricity transmission network, the energy market operator says.
Australia needs dozens more renewable energy projects to offset the loss of more than 60 per cent of Australian coal power plants that will close over the next two decades, the energy market operator has forecast.The AEMO roadmap says rooftop solar will account for nearly a quarter of all energy consumption by 2040
Rooftop solar is set to play a role, with nearly a quarter of all energy consumption to come from residential and business solar panels by 2040. To offset the decline of coal there would need to be a more-than-tripling of renewable energy plants that are already established or will be installed in the next two years, the forecast said.
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