Reducing the RET would cost the federal budget about $680 million more to meet Australia’s target of 5% emissions reduction by 2020.
Tag: "renewable energy target"
Modelling by ACIL Allen for the RET Review Panel has estimated the Mandatory RET, to achieve a 20 per cent renewables market share by 2020 to be 25,500 GWh.
The RET review is due to be handed to the federal government any day now, yet there are still conflicts over the impacts it has over electricity costs.
There are already technically feasible scenarios to run the Australian electricity industry on 100% renewable energy without significantly affecting supply.
Solar has slashed demand for electricity during the day, but left evening peak power demand largely unchanged. That’s why we now need to behead a duck.
Friends of the Earth wrapped up its fact-finding RET Review Road Trip at the Capital wind farm on Thursday June 19—right on Canberra’s doorstep.
The Victorian seaside town of Anglesea is known for its surf and vacations, and less known for its open-cut brown coal mine and an ageing coal power plant.