100% Renewable Energy Is Both Feasible & Affordable, Says Transgrid (An Australian transmission provider...

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100% Renewable Energy Is Both Feasible & Affordable, Says Transgrid (An Australian transmission provider)

Major transmission company Transgrid says 100% renewable energy is both feasible and affordable, and is urging policy makers to “step out in large ways” because incremental change will not deliver climate goals or potential cost savings.

“We are talking about rebuilding the generation system in this transition,” Tony Meehan, the company’s head of regulation, told the Australian Clean Energy Summit in Sydney this week.

“A 100% transition to renewable energy can be feasible and can be met in a way that is affordable for consumers,” he said. He noted that the energy mix would be met not just by large-scale renewables, but by “behind the meter” PV, storage, demand management and energy efficiency.

Meehan said the current investment in large-scale wind and solar was exciting, but the country would “need to step out” and add renewables in the thousands of megawatts to ensure that energy costs came down.

"Another grid provider coming out in favour of renewable energy. Of course, renewable energy means new decentralised generation capacity as well as storage so there is plenty of new business for grid and transmission providers to these areas. But I also doubt any large corporation is going to deliberately set itself up for failure. Point is transmission and storage capabilities need to evolve and change for a new era and it is good to see these legacy type providers getting on board positively instead of just resisting change."

See https://cleantechnica.com/2017/08/22/100-renewable-energy-feasible-affordable-says-transgrid/

100% Renewable Energy Is Both Feasible & Affordable, Says Transgrid
Originally published on RenewEconomy.
Major transmission company Transgrid says 100% renewable energy is both feasible and affordable, and is urging policy makers to “step out in large ways” because incremental change will not deliver climate goals or potential cost savings.
“We are talking about rebuilding the generation system in this transition,” Tony Meehan, the company’s head of

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