Big utilities and conservatives tipped to push for another review of the renewable energy target if Coalition returned to power, and has support in Senate.
Tag: "renewable energy target"
The future for big brown coal generators looks bleak if Victoria meets its ambitious renewable energy target. It could force the closure of Hazelwood before 2020.
Victorian govt to use reverse auctions to reach 40% renewable energy by 2025, underlining the policy divide between Labor and conservative governments. The target will require 5,400MW of new wind and solar capacity to be built in less than a decade.
Victoria energy minister answers questions about state’s newly announced 40% renewable energy target for 2025.
Australian company ESCO Pacific says nearing construction of 135MW solar farm in Ross River, and has 3 more projects in works – all larger than 100MW and all plugging into Qld network.
Clean Energy Regulator says half of the 6000MW needed to meet Australia’s 2020 Renewable Energy Target must be committed this year – that’s 30 more Clare Solar Farms.
Labor’s climate and clean energy commitment – including zero carbon target by 2030 – forces Turnbull government into Abbott-era scare campaign on prices. This, as Bloomberg New Energy Finance says Australia should be even more ambitious in short term and aim for 63% cut in emissions by 2030.
Without a staggering run of project commitments in the coming months, penalty payments for missing the renewable energy target appear inevitable in 2017.
The 175MW White Rock wind farm to begin construction this month, the first big project to get go-ahead since Coalition reviewed the RET. Even Barnaby Joyce says he is happy.