Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

African Energy Chamber signs oil and gas cooperation deal with Venezuela

March 4, 2026

African Energy Chamber signs oil and gas cooperation deal with Venezuela

March 4, 2026

Global sea levels have been underestimated due to poor modelling, research suggests | Oceans

March 4, 2026
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Australia Hits Milestone as Renewables Overtake Fossil Fuels
OPEC Announcements

Australia Hits Milestone as Renewables Overtake Fossil Fuels

omc_adminBy omc_adminNovember 6, 2025No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Australia generated more electricity from sources including wind and solar than it did from coal and natural gas power plants last month, Ember has reported, as cited by Reuters. This is the first time non-hydrocarbon generation exceeded hydrocarbons, the report noted.

The difference was not particularly big, however. Non-hydrocarbon electricity output hit 9.88 TWh last month, while coal and gas generated 9.82 TWh, the data showed. It reflected a 77% jump in generation from wind, solar, and other non-hydrocarbon sources over the last five years, Reuters’ Gavin Maguire reported, citing the Ember data. Over the same period, generation from coal and gas fell by 15%.

The increase in output was the result of an even bigger increase in installed capacity additions. Back in 2019, Australia had 32 GW of low-carbon generation capacity that likely includes hydropower, as well as wind and solar, although the report did not break it down. As of 2024, this amount had expanded 99% to 63.5 GW. Most of this came from solar, which has been growing at an annual rate of 21% over the last ten years. Wind capacity additions have been growing at an annual rate of 13%.

These developments are the result of successive governments’ efforts to set one of the world’s largest coal producers on the path to net zero. Their ambitions envisaged an accelerated phase-out of coal power generation, but more recently, some provincial governments have signaled second thoughts about that.

Queensland, home to one of the world’s largest coal reserves, recently said it would abolish a previous state government decision to close all its coal-fired power plants by 2035, as it vows to pursue a sensible and pragmatic plan to meet its energy needs.

“The former Labor Government’s ideological decision to close coal units by 2035, regardless of their condition, is officially abolished,” Queensland Treasurer and Minister for Energy David Janetzki said last month. “Queensland’s coal-fired fleet is the youngest in the country, and state-owned coal generators will continue to operate for as long as they are needed in the system and supported by the market.”

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Iran Claims It Has “Complete Control” Over Strait of Hormuz

March 4, 2026

Indian Refiner MRPL Declares Force Majeure on Gasoline Exports

March 4, 2026

Barclays Warns Grid Constraints Could Strand Renewables Assets

March 4, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Federal Reserve cuts key rate for first time this year

September 17, 202513 Views

Inflation or jobs: Federal Reserve officials are divided over competing concerns

August 14, 20259 Views

Oil tanker rates to stay strong into 2026 as sanctions remove ships for hire – Oil & Gas 360

December 16, 20258 Views
Don't Miss

African Energy Chamber signs oil and gas cooperation deal with Venezuela

By omc_adminMarch 4, 2026

The African Energy Chamber (AEC) has signed a memorandum of understanding with Venezuela’s Ministry of…

California Sets August 2026 Deadline for Corporate Climate Disclosures Affecting Over 4,000 U.S. Companies

March 4, 2026

KPMG Appoints Gauthier Acket As Head Of Global ESG

March 4, 2026

Nike Appoints Cimarron Nix Chief Sustainability Officer To Lead Global ESG Strategy

March 4, 2026
Top Trending

Global sea levels have been underestimated due to poor modelling, research suggests | Oceans

By omc_adminMarch 4, 2026

EU Commission Unveils Industrial Accelerator Act with New Made-in-EU Requirements for Cleantech Procurement

By omc_adminMarch 4, 2026

Moeve to Build $1.2 Billion Green Hydrogen Plant in Spain

By omc_adminMarch 4, 2026
Most Popular

The 5 Best 65-Inch TVs of 2025

July 3, 202515 Views

AI’s Next Bottleneck Isn’t Just Chips — It’s the Power Grid: Goldman

November 14, 202514 Views

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views
Our Picks

African Energy Chamber signs oil and gas cooperation deal with Venezuela

March 4, 2026

Vintage Secures Extension of Loan for Australian Gas Projects

March 4, 2026

QatarEnergy Stops LNG, Some Downstream Production

March 4, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.