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Analyzing the Renewable Energy Industry in Australia
Aruvian's R'search, Nov 2009, Pages: 250
Renewable energy effectively uses natural resources such as sunlight, wind, rain, tides and geothermal heat, which are naturally replenished. Renewable energy technologies range from solar power, wind power, hydroelectricity/micro hydro, biomass and biofuels for transportation.
In 2006, about 18% of global final energy consumption came from renewables, with 13% coming from traditional biomass, like wood-burning. Hydropower was the next largest renewable source, providing three percent, followed by hot water/heating which contributed 1.3%. Modern technologies, such as geothermal, wind, solar, and ocean energy together provided some 0.8% of final energy consumption. The technical potential for their use is very large, exceeding all other readily available sources.
Renewable energy technologies are sometimes criticized for being unreliable or unsightly, yet the market is growing for many forms of renewable energy. Wind power has a worldwide installed capacity of 74,223 MW and is widely used in several European countries and the USA. The manufacturing output of the photovoltaics industry reached more than 2,000 MW per year in 2006, and PV power plants are particularly popular in Germany.
Renewable energy is an essential part of Australia’s low emissions energy mix and is important to Australia’s energy security. It plays a strong role in reducing Australia’s greenhouse gas emissions and helping Australia stay on track to meet its Kyoto target and beyond. Australian Government support for renewable energy assists industry development, reduces barriers to the national electricity market, and provides community access to renewable energy.
an in-depth analysis of the Australian renewable energy industry. In its research report - Analyzing the renewable Energy Industry in Australia - Aruvian takes a look at this superbly charged industry which is growing at a breakneck speed in Australia.
Starting off with a basic overview of the global energy industry, research by Aruvian focuses on the global renewable energy industry. A market profile, global market capacity, market-wise analysis, GHG emissions, challenges facing the development of the renewable energy market worldwide is all analyzed in this section. Following on from this, a section is dedicated to analyzing the global policies which have been essential in promoting the development of renewable energy in the world. Policies analyzed in this section include the US Public Utility Regulatory Policies Act (PURPA) of 1978, policies related to cost reduction, renewable energy certificates, transportation of biofuels, amongst others.
Case studies from the global renewable energy industry focus on the market developments in China, India, the Philippines, Malaysia, Thailand, Denmark, and Japan.
Research then moves on to an analysis of the Australian energy sector, following on to the actual analysis of the Australian renewable energy industry. From here onwards, this highly comprehensive research report includes data on the following (among others):
- Market structure of the Australian Renewable Energy Industry
- Current government policies shaping the Australian Renewable Energy Industry such as the MRET, the PVRP, the REEF, etc.
- Importance of Australia’s Renewable Energy Industry is looked at in details.
- A market-wise analysis of the various renewable sectors in Australia including hydroelectricity, wind energy, solar PV, solar concentrators, tidal & wave energy, geothermal energy, bioenergy, nuclear power, clean coal and natural gas technologies.
- A section is dedicated to analyzing GHG Emissions in Australia, and the role of the Emissions Phase Path.
- Cost analysis of renewable energy in Australia has been carried out in a sector-wise format.
- Australia’s renewable energy certificate system has been analyzed.
- Special market analysis includes an analysis of wind power and solar power in Australia. Major wind farms and solar power projects have been researched upon.
- Analysis of renewable energy market developments has been carried out for the major states of Australia, namely Victoria, Tasmania, New South Wales, Queensland, and Western Australia.
- A comprehensive future perspective sums up the developments in the Australian renewable energy industry
With an analysis of 38 industry players, this report is an all-encompassing knowledge bank on the Australian Renewable Energy Industry.
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