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Australasia continues to be a region offering substantial growth potential for the wind energy industry. Australia dominates this region and its Renewable Energy Agency says:“Australia has some of the world’s best wind resources along its south-western, southern and south eastern margins. More isolated areas of the eastern margin also have excellent wind resources.
Wind energy is the fastest growing renewable energy source for electricity generation in Australia, and its current share of total Australian primary energy consumption is currently almost 4%.”
Although New Zealand boasts a slightly larger percentage (5 percent) its installed capacity is smaller at just under 700 MW. The government has a self-imposed target of generating 90 percent of all electricity demand via renewable sources by 2025, with 20 percent of that renewable mix being sourced specifically via wind (by 2030). The government’s studies show that the country required nearly 43 GW of power in 2012, which suggests the need for over 8 GW of wind power capacity being installed by 2013. This would be greater than a tenfold increase on current capacity offering significant scope for both investment and work within the country.
Across Oceania wind power remains an important element in the region’s energy mix and an integral component in achieving renewable energy targets. IRENA (in its 2016 report) recorded that in 2014, wind power generated 13 terawatt-hours, which equates to about 18 percent of the area’s total energy provision.
May 7th 2017 Production from the plant represents completion of AUD$5.5 billion Kipper Tuna Turrum project Development will supply 1.6 trillion cubic feet of gas to eastern Australia Plant part of the largest domestic gas project on Australia’s eastern seaboard Esso Australia, a part of the ExxonMobil Australia group of