ENERGY FACTS
The renewable energy market is one of the fastest growing energy markets in the world, however, there will have to be a significant shift of global habits to significantly change.
- Transport and manufacturing industries account for over two-thirds (68%) of total energy consumption in Australia.
- By 2030, worldwide energy demand will be more than 63% greater than it is today, increasing by at least 2% per year.
- More than 44% of energy usage growth will come from emerging economies such as China and India
- Australia alone spends over $50billion on energy coming from 9.7m energy connections.
- US$22trillion of investment is needed by 2030 to fund infrastructure worldwide to accommodate rising energy demands
- Soon after 2010, modern renewable technologies will overtake gas to become the second largest source of electricity.
- However, approximately 88% of all energy worldwide comes from fossil fuels.
- Rebewable energy acts for just 5% of energy consumption.
- Wholesale electricity prices in 2013 are lowest in Tasmania (average $44.26/m wh) and highest in South Australia (average $74.06/M wh).
Begin by creating clean energy with the Renewable Air Energies System that can be installed retrospectively or actively into an ducted airflow system.
To find out more, about Renewable Air Energies, contact us today.
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