Energy Efficiency: Energy Consumption

energy efficiency: Since that time, Australia's population has grown by over 3 million and our GDP has grown by over 400bn, according to The Guardian. Renewable energy generation on the other hand has more than doubled, and significant increases in energy efficiency along with uptake of rooftop solar have resulted in falling energy consumption. Since Tony Abbott scrapped the carbon price in 2014, wholesale electricity prices have doubled while sequential Coalition prime ministers have proposed emission intensity schemes EIS clean energy targets CET national energy guarantees Neg and then settled on renaming Abbott's direct action scheme to the climate solution fund CFS . The climate change election where do the parties stand on the environment Read more The last new coal fired power station to connect to the national energy grid was Queensland's Kogan Creek in 2007, and in Western Australia they built their last steamer in 2010. Renewable energy is key to Australia's economic growth. While our regulators and transmission grid still have some catching up to do, there is no doubt that an abundance of low cost energy is good news for Australian households and industry if our politicians can cope with the change. The massive rollout of solar panels and wind turbines is so significant that now, in states like South Australia, the wholesale electricity price is sometimes negative. (news.financializer.com). As reported in the news.