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Renewable Energy Index - October 2017

22 Nov 2017

To assist the Australian community in understanding the role and contribution of renewable energy to meeting our energy needs while also providing an important source of employment and reducing pollution, Green Energy Markets produces the monthly Renewable Energy Index.

The index tracks the contribution of the renewable energy sector broken down by fuel type and state on a series of metrics that are intended to translate abstract concepts such as megawatts and tonnes of CO2 into concepts the community can understand and appreciate such as number of households powered, and number of cars’ pollution avoided.

October 2017

Solar installs in October close to all time record but without feed-in tariff subsidies

  • Electricity consumers are flocking to solar to shield themselves from the significant electricity price rises that have unfolded this year. In October solar rooftop installations broke past 100 megawatts of capacity for the month, for only the second time ever. The 106 megawatts installed in October will produce an amount of power equal to the consumption of almost 28,000 homes.
  • The level of capacity installed this month has been exceeded just once, back in June 2012, when subsidies were two-to-three times higher.
  • The 15,736 systems installed over October supported 5,193 full-time jobs.

Queensland increases its lead in renewable energy jobs

  • Queensland was the only state to record new large-scale project commitments this month: phase 1 of the potentially giant Kennedy wind, solar and battery park; and the Emerald Solar Farm. Phase 1 of Northern Queensland’s Kennedy Energy Park, is intended to prove-up the viability of a far larger $2 billion second phase that at 1200MW would be the largest renewable energy power station in the country. It would also be the largest project in the world to combine both wind and solar in a single facility. As a result of the 2 new projects, Queensland has increased its lead over other states in large-scale renewable energy construction employment, with 5,847 job years of employment, ahead of NSW at 3,429 and Victoria third at 2,495. Total large-scale renewable energy construction employment across the nation now stands at 12,925 job-years, up from last month’s 12,702.
  • Queensland also leads the country in terms of rooftop solar installs and employment, with its 3960 system installs this month supporting 1,347 full time jobs, which shaded NSW in second with 1,285 full time jobs.
  • Total jobs created by renewable energy projects (Large-scale + rooftop solar) in Queensland have almost doubled over four months from 3,634 at the end of 30 June 2017, to 7,194 in October.

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