Australia has enough solar, wind storage in pipeline to go 100% renewables
As an observer following the space, it is fascinating to me how everything in a given electricity&#x2F;energy market changes once a given technology (solar, wind, energy storage) becomes &quot;economic&quot;. Or, in other words, the best&#x2F;cheapest on balance option for delivering electricity or primary energy.<p>Be aware that many current policies in Australia and vested interests are actively AGAINST further development of renewables. So all of this is actually IN SPITE of the regulatory environment, rather than because of it.<p>It will be interesting to see how prices move given all this new volume that will be coming online in the next decade.<p>Note for the curious: The reason the above is even possible is because solar and energy storage prices follow the same kind of principles &#x2F; learning curve behind the proliferation of the microchip and Moore&#x27;s law. While the curve and &quot;speed&quot; of cost reductions for renewables are no-where near as fast as MicroChips, I can only hope that this trend continues. See: <a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Swanson's_law" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Swanson's_law</a>