Building Australia’s First-Ever Offshore Wind Farm

It is very hard to give up on one’s own resource bounty and Australia knows it only too well. Endowed with the world’s third-largest coal reserves coupled with ample hydrocarbon plays in offshore deposits, many of which are still yet to be assessed and located, Australia’s energy transition to include more of renewables into its energy matrix has always been burdened by cautious skepticism.

Would it serve Australia’s interests if it started to wind down coal production too soon? Difficult as it is to answer that question…