Australian competitive advantages in the renewables’ era

Map: Global distribution of combined wind and solar generation potential

Australia has outstanding winds and sun

The map shows the world’s varying potential to generate electricity from wind and sun.

  • Australia glows orange because we have high potential to generate electricity from wind & sun.
  • Most of Europe, Canada & north USA is blue because they have low potential.
  • The areas with stripes are economically undeveloped nations, so, a lot of Africa is striped.

Australia has outstanding wind and solar resources, and we also have vast mineral deposits. These are enduring advantages which mean that Australia can benefit from the renewable energy revolution.

One factor behind Australia’s renewable energy potential is that Australia gets stronger sun than most developed countries.

Australia’s competitive advantages

Australia’s competitive advantages are:

  • outstanding solar and wind resources,
  • abundant mineral resources:
    • lithium and cobalt to make batteries,
    • iron ore for making steel, and
    • bauxite for making aluminium,
  • vast areas of cheap, suitable land,
  • a widespread electric grid,
  • a skilled workforce and industry sector,
  • capable research organisations,
  • proximity to Asian markets like Indonesia, China, India, and Japan, and
  • a secure, stable society.

Cheap electricity will grow in importance

The use of electricity will expand as electricity becomes the primary energy source for homes, industries, and transport. This expansion will make international differences in power prices more valuable, and will favour countries with quality renewable energy sources, like Australia.

(Reference & source of the above world map: Australia a renewable energy superpower: Beyond Zero Emissions Research Report: 2015):

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Updated 3 Dec 2020