By 2043, Australia could stop relying on coal as a source of electricity. It is said to help it achieve the carbon neutrality that the country on the smallest continent has set for the middle of this century.
Australia would be able to get rid of coal in electricity generation, even if demand for electricity grows. The CEO of the Australian Energy Market Operator (AEMO), Daniel Westerman, thinks so.
According to him, however, this will mean the transformation of the energy market, and thus a huge investment in changing the energy mix. According to Westerman, the transmission network alone will need to invest around A $ 12 billion (less than $ 9 billion). However, by 2043, electricity demand could almost double.
However, this should not be a problem, as production from renewable sources will grow rapidly. According to a realistic scenario, the capacity to produce electricity from renewable sources in Australia could increase from the current 15 to 140 gigawatts by the middle of this century. That would double every ten years. The installation of photovoltaic power plants on the roofs of buildings should play a large part in this.
