The Australian authorities’s Energy Update 2024 exhibits that photo voltaic era will develop by 21% within the 2022-23 interval and 11 instances increased than a decade in the past, leaping by 3% in every of the earlier two yr.

From pv journal Australia

Released by the Australian Department of Climate Change, Energy, the Environment and Water, the Australian Energy Update (AEU) 2024, discovered common photo voltaic era to have the most important progress of all renewable power sources over 10 years at 27%, in contrast within the progress of wind (14.7%) and biogas (2.7%).

The information, compiled by Australian Energy Statistics (AES), discovered that photo voltaic additionally generated the lion’s share of all renewables at 27.3% in comparison with wind 20.4% and hydro 10.8%.

Brown coal, black coal and fuel all declined within the final decade when it comes to progress by 4%, 1.5% and 0.4%, respectively.

The AEU says that the usage of photo voltaic and wind power has grown quickly over the previous decade, and can mix to account for 52% of all renewable power consumption by 2022–23, up from 17%.

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