Saturday | 5 October 2024 | Reg No- 06
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Coal generates less than 50pc of Australian electricity for first time 

Published : Thursday, 5 September, 2024 at 12:00 AM  Count : 97
SYDNEY, Sep 4: Coal generated less than 50 percent of Australia's electricity in the last week of August, dropping to a record low as renewable production surged, data showed Wednesday.

According to market monitor Open-NEM, coal generated 49.1 percent of the country's electricity, while renewables accounted for 48.7 percent as storms boosted wind production.

Coal still accounts for a third of global electricity generation, according to the International Energy Agency (IEA), and demand for the climate-warming fossil fuel reached a record high in 2022. 

But for the world to reach net zero by 2050, all coal generation without abatement measures must end by 2040, the IEA says.     —AFP 



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