Renewable energy is energy collected from resources that replenish naturally within a short timeframe. These include wind, sunlight, rain, tides and geothermal heat.
Renewable energy can be used for electricity generation, air and water heating and cooling, and transportation.
As people look for more sustainable ways to generate power, the renewable energy market is growing. Technology such as wind and solar energy is advancing quickly and it's now cheaper to build large-scale wind and solar farms than thermal power stations.
According to the International Renewable Energy Agency, in 2019 more than two-thirds of all new electricity capacity being installed worldwide is renewable. Tasmania is a leader in renewable energy, with over 90% of our electricity generated from renewable sources – primarily wind and hydro.
Tasmania has opportunities to export electricity generated by renewable energy sources, supporting the National Electricity Market's transition to a low-carbon emissions system.