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Tag: "LRET"

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Which retailers will (and won't) meet their 2017 LGC liability?

Which retailers will (and won’t) meet their 2017 LGC liability?

With a Wednesday deadline, things are getting tight for power companies to purchase and surrender enough LGCs to meet their liability. Has ERM got its act together?

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Renewable Energy Market Report – steady as she goes

Renewable Energy Market Report – steady as she goes

The market for renewable energy certificates steadied in June as traders absorbed the implications of the Finkel Review for the current RET.

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Infigen sees end to renewables investment drought, market 'starting to move'

Infigen sees end to renewables investment drought, market ‘starting to move’

Infigen Energy CEO Miles George says Australia’s LGC market now working as intended, to drive investment and meet the LRET.

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Qld urged to ignore benefits of wind and solar and rethink renewables target

Qld urged to ignore benefits of wind and solar and rethink renewables target

Queensland Productivity Commission warns QRET will cost $10.8bn in subsidies, based on a study in which the benefits of new renewable energy are studiously ignored.

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Fraser fears Abbott at mercy of fossil fuel lobby on renewables

Fraser fears Abbott at mercy of fossil fuel lobby on renewables

Climate Change Authority chairman Bernie Fraser said he fears Abbott government would be swayed by the fossil fuel lobby’s attack on renewables, and dilute the LRET. He decries the short term nature of policy making, and explains why the CCA made its decision to shunt commercial solar PV into the capped large scale renewable energy target.

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Climate authority gives green light for boom in big renewables

Climate authority gives green light for boom in big renewables

The Climate Change Authority says the 41,000GWh target for large-scale renewables should remain – paving the way for a massive build-out of wind farms, and eventually solar farms. But the CCA has fiddled with the rooftop solar component, and that could be bad news for commercial scale solar PV.