Australian renewable energy record 2012

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Australia produced a record amount of renewable energy in 2012, with clean electricity sources such as hydro, wind and solar generating more than 13 per cent of the nation's power.

A Clean Energy Council report stated that:

  • hydro electricity is still the most dominant clean-energy source, representing 58 per cent of all renewable electricity generated in 2012.
  • other sources were growing strongly, with wind energy rising to 26 per cent of renewable generation and solar to 8 per cent.

Despite the growth, the report also found that Australian investment in renewables fell by $1.3 billion dollars last year, from $5.5 billion in 2011 to $4.2 billion. Much of the decline in investment came in solar, as government incentives to install rooftop panels were axed and the cost of systems fell. The fall mirrors a 10 per cent decline in renewable energy investment globally in 2012.

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