Origin's says that large-scale solar plants will overtake wind energy in Australia as the most competitive renewable energy technology. Origin Energy CEO, Grant King, explains that the cost of wind energy is unlikely to fall, "because of the declining Australian dollar, the distance from new projects to transmissions sources, and because it is a mature technology." As the price of manufacturing solar panels falls, the company says solar energy will become the dominate renewable energy source to meet Australia's renewable energy targets set by the country's Prime Minister, Tony Abbott.
Origin Energy says that large-scale solar plants will overtake wind energy in Australia as the most competitive renewable energy technology. Origin's CEO, Grant King, explains that the cost of wind energy is unlikely to fall, "because of the declining Australian dollar, the distance from new projects to transmissions sources, and because it is a mature technology." As the price of manufacturing solar panels falls, the company says solar energy will become the dominate renewable energy source to meet Australia's renewable energy targets set by the country's Prime Minister, Tony Abbott.