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New Report Tracks Commercialisation of Renewable Energy in Australia

Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report which finds that the commercialisation of renewable energy in Australia is a tiny fraction of the scale of the fossil fuels industry.
 

FOR IMMEDIATE RELEASE

PRLog (Press Release)Jul 09, 2008 – Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report which finds that the commercialisation of renewable energy in Australia is a tiny fraction of the scale of the fossil fuels industry.

‘Analyzing the Energy Industry in Australia’, which is available at www.reportbuyer.com/go/ARU02232, finds that the country’s renewable energy industries comprise several energy sources and scales of operation and currently contribute about 5.9% of the total energy supply. The major area where renewable energy is growing is in electricity generation.

The study states that Australia is a major exporter and user of coal, the burning of which creates carbon dioxide. In 2000, Australia was the fifth highest emitter of greenhouse gases per capita in the developed world without accounting for emissions from land clearing.

Analysts find that the development of focus on renewable energies as a viable alternative to traditional fuels is driven by the complex geopolitical undercurrents influencing oil and gas production as well as supply strategies globally.

The report finds that renewable energy is an essential part of Australia’s low emissions energy goals and significant to the country’s energy security. Authors say that renewable energy will play a vital role in reducing Australia's greenhouse gas emissions and helping the country stay on track to meet its Kyoto target. Also, they find that Government support for renewable energy has been instrumental in assisting industry development, reducing barriers to the national electricity market, and providing easy access to communities.

The study identifies key trends shaping the market and its future outlook. It also profiles top players in the Australian energy market.

Analyzing the Energy Industry in Australia is available from Report Buyer.
For more information, see:
http://www.reportbuyer.com/energy_utilities/country_over ...

Report Buyer product ID: ARU02232

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About Report Buyer
Report Buyer is a UK-based independent online store supplying business information. The website now carries over 70,000 business information products, including market reports, studies, books and events. Subscribers receive a free monthly newsletter and email alerts on new titles in their areas of interest. A regularly updated blog provides information on the latest market trends.

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Issued By:Report Buyer
Email:Click to contact author
Phone:+44 (0) 20 7060 7474
Fax:+44 (0) 20 7378 8711
Address:54 Maltings Place, 169 Tower Bridge Road
City/Town:London
State/Province:London
Zip:SE13LJ
Country:United Kingdom
Categories:Environment
Tags:Renewable Energy, Australia,

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