Australia could reach the equivalent of 100 per cent renewable electricity by 2032 if the current rates of wind and solar installation continue, according to an Australian National University study.
New findings from the ANU Research School of Electrical, Energy and Materials Engineering (RSEEME) show that Australia is on target to meet its entire Paris Agreement emission reduction targets five years early.
The Australian National University (ANU) research found Australia is installing renewable power per person each year faster than any other country including the European Union, Japan, China and the United States.
“The installation of renewables in Australia last year really ramped up compared to these other major economies, and we expect that trend to continue this year and beyond,” RSEEME lead researcher Professor Andrew Blakers said.
"Australia is on track to reach 50 per cent renewable electricity in 2024 and 100 per cent by 2032. The Australian renewable energy experience offers real hope for rapid global emissions reductions to preserve a living planet," Blakers said.
In line with this trend, many Australian food and beverage manufacturers have inked major renewable energy deals in recent months.
We take a look at some of the biggest announcements.
