Urgent Action Needed to Meet Rising Energy Demands
The Australian Energy Market Operator (AEMO) unveils a roadmap emphasizing rapid renewable energy investment to ensure a sustainable energy future, hastening the retirement of coal-fired power stations.
Clean Energy Surges as Coal Phases Out
AEMO’s latest forecast anticipates the complete retirement of coal-fired power stations by 2038, five years earlier than previously predicted. Renewables, constituting 40% of current energy needs, play a crucial role.
Economic and Environmental Benefits of Renewable Transition
The report highlights the economic benefits of upgrading transmission infrastructure, revealing a two-to-one cost saving ratio. Additionally, the transition to 100% renewable energy is projected to create over 30,000 jobs in Australia over the next two decades.
In Summary:
The AEMO report underscores the urgency for governments to accelerate the transition to renewables, ensuring a cleaner and more reliable energy system for Australia. The roadmap aims to address environmental concerns, reduce costs, and capitalize on the country’s abundant solar and wind resources.
Source：miragenews.com
