Electricity generation costs would be a third lower with 82% renewable grid, CSIRO says

Modelling suggests by 2050 main electricity market could run almost entirely on renewables without increase in generation costGet our breaking news email, free app or daily news podcastThe cost of generating electricity in an Australian grid powered by 82% renewable energy would be a third cheaper than current wholesale electricity costs, according to new CSIRO analysis.The organisation has for the first time modelled the likely cost of electricity generation from different combinations of technology that could make up Australia’s grid in 2030 and 2050. Previous work has only looked at the comparative costs of individual technologies. Continue reading...