A wind turbine part being transported in South Australia and in the background an existing wind farm. Photo credit: David Clarke via Flickr.

Photo credit: RenewEconomy.

On the graph above you can see there have been several periods between 27th September and  1st October where electricity from wind has actually exceeded that of demand, but the 30th September is significant, as that is the day when that was the case throughout the day from 9:30 to 18:00.

Photo credit: RenewEconomy.

Australia as a whole are set to have some of the world’s best conditions for solar PV, but despite  this the Australian government want to roll back renewable energy laws set under the previous Labor government. The conservative Liberal government earlier this year abolished Australia’s carbon tax, a tax that had seen large investments in renewable energy. Analysts Bloomberg New Energy Finance are saying that the abolishment of the tax has already seen a drop of 70% in renewable energy investments as investor confidence are dropping fast.

Photo credit: Bloomberg New Energy Finance.

This graph above shows that after steady renewable growth in 2010 and 2013, this year have dropped to low levels not seen since 2001.