Common Types of Renewable power besides Solar energy

With the traditional energy resources like coal and natural gas becoming scarcer by the day, there is a natural tendency among the global countries to look for alternatives, namely the renewable energy sources. The major renewable energy sources include: Hydro energy, Wind power, Solar power systems, Geothermal energy, Tidal energy, Biofuels and Biomass.

Energy resource of Australia

In 2012, Australia produced about 2.5% of world energy and contributed to 5% of world energy exports. The energy sector does support a large range of manufacturing industries and provides large-scale employment and infrastructure.

Renewable energy data

Renewable energy accounts for about 5% of the Australia’s energy consumption. It includes wind energy, hydropower, solar energy and bio energy and constitutes 8% of the total energy generated. Wind powered electricity and solar power systems have grown phenomenally since 2004-05, increasing annually by around 23% and 21%, respectively.

Renewable energy Target (RET)

Encouraged by favourable government policies initiated by concerns about climate change, energy independence and economic stimulus, Australia has also joined the pursuit with other global players to enlarge the potential of the renewable sources of energy generation. In the past decade, there has been a substantial growth in the renewable energy production in Australia, with renewable energy share increasing to 13.14% in December 2012.

In 2001, the country set a Renewable Energy Target (RET) scheme to expand the presence of renewable energy in the country. The plan mandates that 45000 gigawatt hours of electricity supply will come from renewable energy sources by 2020.