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Renew Economy:

Solar overtook wind as Australia’s largest source of renewable electricity in 2020, as strong growth in both large-scale and small-scale installations helped the market share of renewables surge to 24.4 per cent.

Combined, the market share of renewable energy sources also overtook the market share of fossil gas generation for the first time, which fell to 20.0 per cent in 2020.

According to the latest edition of the Australian Energy Statistics, the amount of electricity produced from renewable energy sources grew by 16.3 per cent in 2020, reaching 64,666GWh in total, while overall consumption of electricity remained effectively unchanged.

This saw the market share of fossil fuel generation fall to 75.6 per cent in 2020 – a dramatic decline from where it was just a few years ago, down from 84.8 per cent recorded in 2017.

[Michael Mazengarb]

More: Solar overtakes wind to be new queen of Australian renewables in 2020

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