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With growing concern about climate change and the introduction of legislation like the Mandatory Renewable Energy Target (MRET), the inclusion of pollution-free electricity in your energy portfolio is quickly becoming a sensible business strategy.
FAQs
Why wind energy?
Wind energy is a welcome addition to the energy mix.
Wind energy is cost-competitive, abundant, environmentally friendly and widely popular with consumers.
As one of the world’s fastest growing energy sources, installed wind power has increased 300 per cent over the last 5 years and could supply 12 per cent of the world’s electricity by 2020.
The inclusion of wind energy can be a strong selling point for your company. With consumers now able to choose their electricity supplier, wind energy offers an opportunity for retailers to differentiate themselves from competitors. Consumers and investors appreciate the 'green' nature of wind energy and it is widely popular with national surveys consistently showing more than 70 per cent of Australians want more wind energy in the electricity mix.
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How much does it cost?
The cost of generating electricity from the wind has fallen more than 80 per cent over the last 25 years. Economies of scale and technical advances are expected to deliver further cost reductions of 5 per cent a year. Meanwhile, fossil fuels are increasing in cost as the price of fuel rises, and costs are likely to increase significantly in the near future when generators are required to factor in the cost of their greenhouse gas pollution.
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Is it difficult to integrate wind farms into the National Electricity Grid?
According to a recent study from the Australian Greenhouse Office, with appropriate management and technical measures, the National Electricity Market (NEM) could absorb up to 8000MW of wind generation. This will be dependent on the progressive development of wind farms over a period of about 10 years in a dispersed fashion across the NEM, to capture the diverse benefits of wind variability, overcoming network constraints in some areas, and the development of management and forecasting techniques.
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Why Pacific Hydro?
Pacific Hydro is Australia’s market-leading wind farm developer. We have developed successful projects and with strong community support.
In addition to its project development expertise, Pacific Hydro works closely with its retail partners to maximise the marketing and public relation benefits from the wind farm projects.
- Market leader
- Track record of project delivery
- Development expertise
- Community consultation focus
- Marketing support
- Proactive partner
For more general information about wind energy view our FAQs
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