South Australia proves 20% renewable energy target achievable

23 June 2011

Leading Australian renewable energy company, Pacific Hydro, today congratulated the South Australian Government on reaching their renewable energy target ahead of schedule.

“South Australia has demonstrated that reaching a 20% Renewable Energy Target is achievable and creates many benefits along the way”, said Pacific Hydro’s general manager for Australia, Mr Lane Crockett.

“We congratulate the South Australian Government on their leading position in renewable energy generation in Australia. Their forward thinking and responsible approach has encouraged the installation of clean energy in preparation for a carbon constrained world.”

“South Australia shows the rest of the nation that integrating renewable energy into the National Electricity Market (NEM) is possible, does not compromise the safety of grid and, contrary to popular belief, decreases wholesale electricity prices.

And I note that South Australia’s reliance on fossil fuel generation continues to reduce [1] while the State’s economy and population continue to grow. South Australians can be very proud of these results.”

Pacific Hydro currently operates the 56.7MW Clements Gap Wind Farm in South Australia’s mid north. The project, which has strong community support, was officially opened in February 2010 and was the tenth wind farm in the State to begin operating.

Clements Gap Wind Farm produces enough clean energy to power around 30,000 South Australian homes annually and will deliver over $1million into local community initiatives via Pacific Hydro’s Sustainable Communities Fund over the life of the project’s operation.

“These results demonstrate that renewable energy doesn’t need backup, that the lights won’t go out and that the economy won’t suffer.

It shows that meaningful quantities of clean energy can help to support regional investment, jobs, and a better future for the next generation.”

Pacific Hydro is an Australian owned renewable energy company with wind and hydro projects operating in Australia and Latin America. The company also has interests in conventional geothermal opportunities in South Australia, and is part of the consortium recently selected through Solar Flagships to build Australia’s largest solar PV power station.