Renewable energy suffers fatal flaw

Advertisement

Wind generated power now comprises a substantial proportion of Australia’s electricity supply.

As of September 2024, Australia had an installed wind capacity of approximately 13.3 GW. Wind power accounted for 13.4% (or 31.9 TWh) of Australia’s total electricity generation in 2024.

The Albanese government aims to generate 82% of Australia’s electricity by 2030 from renewable sources, including wind, solar, and hydro.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.