Dec 15, 2017 Last Updated 4:28 PM, Dec 12, 2017

New Entry From the Editor :

Australian shopping empire Westfield sold to French property firm for $33 billion

Australian shopping empire Wes…

AusBN - Australian shopping mall juggernaut Westfield has been purchased by...

ASX introduces blockchain technology into trade settlement system

ASX introduces blockchain tech…

AusBN - Australian Securities Exchange (ASX) has become the first major glo...

Australia’s annual economic growth rate rises to 2.8%

Australia’s annual economic gr…

AusBN - Australia’s annual economic growth rate has risen to 2.8% aft...

Renewable energy contributes to 20% of electricity mix in NSW

solar panels on rooftop sydneyAusBNAusBN - Sources of renewable energy have made an unprecedented contribution to the electricity mix in New South Wales, with renewables providing 19.6% of the state’s total power needs.

Energy produced from hydro, solar, wind, bioenergy and small hydro contributed to a fifth of the state’s electricity mix, with the majority of the remaining power originating from coal-fired sources (75.8%).

The single biggest provider of renewable energy was the Snowy Hydro scheme, according to the NSW government’s Renewable Energy Advocate Amy Kean, although she highlighted the increasing involvement of solar power in the state’s electricity mix.

"Solar is the real winner right now, we've seen a transformation in the home with one in seven homes harnessing the sun," said Kean. "We've seen huge changes in the last five years, renewable energy has doubled in capacity."

Kean added that the private sector is investing AUS$14 billion in renewable energy projects, with 12 such plans currently under construction.

@AusBNOnline

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