Wind power could provide $10.5bn boost to Australian communities – report

By Addie Thomes

Australia’s numerous wind power projects could deliver $10.5bn in shared benefits to the communities in which they are situated, according to a new study.

The Australian Wind Alliance’s (AWA) ‘Building Stronger Communities: wind's growing role in regional Australia’ report, said that the sector has already delivered an economic boost of almost $4bn to regional Australia.

Andrew Bray, National Coordinator of the AWA, commented: “Australia’s 82 operational wind farms are delivering significant financial and social benefits to their host communities. Wind power is making a long-lasting, positive contribution to rural Australia’s social fabric.”

See also:

The report estimates $10.5bn could be delivered to host communities across the 25-year life span of Australia’s existing wind farms and wind farms under construction. This would come through what it calls shared benefit mechanisms, which include land rental and agreements on profits being spent on community projects.

Charlie Prell, the New South Wales organiser for the AWA, added: “Sharing benefits equitably and effectively with local communities ensures these projects generate not just much-needed clean energy, but also strengthen the social and economic health of regional Australia.”

The AWA says that the 2GW of new wind farm capacity currently under construction has created an estimated 1,950 direct local jobs and a further 4,500 indirect jobs through the supply chain.

Share

Featured Articles

Welcome to the New Age of the CISO

HE Dr Mohamed Al-Kuwaiti, Head of Cyber Security, UAE Government and Dr Aloysius Cheang, Chief Security Officer Huawei UAE, on the new age of the CISO

Making the UAE the world’s strongest digital fortress

His Excellency Dr Mohamed Al-Kuwaiti, Head of Cyber Security, UAE Government, on visionary plans to build the world’s most secure digital society

World Mental Health Day – 10 apps to improve wellbeing

Employers should recognise the growing use of apps to help support mental health – here are 10 to consider on World Mental Health Day

Exec interview: Brook Sims, COO, MAC Diversity Recruiters

Leadership & Strategy

Best new books that will make you a better leader

Leadership & Strategy

5 Mins With: Jeff Li, founder and CEO of Shoplazza

Leadership & Strategy