Renewables hit record high in Australia

Renewable energy hit a record high in Australia in November as coal power and grid demand hit new lows. The new peak was registered with 72.9% of total generation on the National Energy Market (NEM). This comes as the International Energy Agency (IEA) released its annual World Energy Outlook (WEO) predicting that coal, oil and gas are projected to enter terminal decline before 2030 under all IEA scenarios.

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