Sustainable Agriculture

VIDEO: Solar and Geothermal on Wayne Lording’s Farm

Arthur Ha
300 Views
Started by Arthur Ha on
14 Jan 2015 at 21:13
Economist, Barefoot Economic Services
Know-how: Food safety, Farms, Conservation, Economic Analysis, Economics & Policy, Agricultural Economics

In the second of our series on Sustainable Farming on Wayne Lording’s farm (see here for the introduction), we talk to Wayne about how and why he installed solar and geothermal technologies to replace conventional energy sources. Key points are:

  • Combined solar and geothermal system has a payback period of one year.
  • Geothermal technologies are available and proven in Australia.
  • The key savings are from reducing ongoing energy costs. In Wayne’s case, he saved $5200 per year from reducing the need to use LPG.
  • Because renewable energy technologies require little or no fuel, they provide a useful hedge against electricity or LPG price volatility.

(more…)

Support
Please feel free to submit your feedback below
Feedback

CAPTCHA
Image CAPTCHA
Enter the characters shown in the image.