Where is Renewable Energy Headed?

Renewable energy is becoming a hot topic of conversation. Countries around the world have committed to achieving 100% renewables within a certain time frame. Companies have also made pledges to 100% renewables over the coming 30 years by signing up to the RE100.

In 2021, renewables are becoming an increasing investment choice for many individuals and organisations. It is estimated that over the next 10 years, solar energy will begin to take a larger share of the global energy mix. Over the past 20 years, we have seen it rise from the 8th largest player in the renewable energy market to the 2nd largest.

The targets outlined in Goal 7 of the United Nations’ Global Goals for Sustainable Development touch on aspects of ensuring affordable and clean energy for all by 2030. It is important that this energy is also reliable and sustainable.

Renewable energy must also meet the targets laid out in the other goals of the 2030 agenda. This includes ensuring that renewable energy is affordable to Australia’s most vulnerable population including those living in remote and regional Australia. This also includes those living in relative poverty.

Goal 8 focuses on decent work and economic growth. Within this framework, it is important to ensure that Australia continues to create jobs within the renewable energy sector and to…