Yes, according to the Australian Energy Market Operator (AEMO), which has just released its draft results on whether Australia could run it's electricity supply off 100% renewable electricity by 2030 or 2050.
As noted
here, this should kill off the idea that the intermittency of supply in renewable electricity prevents it from supplying all our electricity, especially in a country like Australia where we have good renewable energy resources. Some may remember that
Beyond Zero Emissions (BZE) released a report a couple of years ago that also outlined a plan for Australia to move to 100% renewables. One difference with the AEMO is that these are the people who manage the electricity market and so their conclusion that 100% renewables could provide reliable supply will probably carry more weight.
Similar to BZE the AEMO report sees an important role for solar thermal with molten salt storage and also biogass for helping to meet the meet peaks in electricity demand and to provide supply when there is little incoming solar and wind energy.
Obviously moving to 100% renewables isn't cheap, but as noted at
Renew Economy, by 2050 most existing coal and gas fired power plants in Australia would need to be replaced anyway, so while the total cost may sound like a lot, it may not differ all that much from what would be spend over the next 40 years to maintain a fairly polluting power sector.
There are also a couple of interesting critisms of the report from
Renew Economy, stating that the AEMO are likely overestimating the cost of renewables and ignoring a role for energy efficiency improvement in decreasing the actual amount of electricity required. Both of which would make 100% renewables cheaper and easier to obtain.
To learn more, you can find the draft report and executive summary
here, as well as some good commentary
here,
here and
here.