CleanTech Bites

ACT’s 100% renewable energy target safe after Liberals’ election fail

Published by

The Australian Capital Territory will continue to lead Australia in its push to 100 per cent renewable energy after the Liberal Party’s attempt to wrest power failed in the weekend’s election, delivering Labor power for the fifth consecutive poll.

The ACT aims to source the equivalent of 100 per cent of its electricity needs from renewable energy by 2020, and has already locked in the contracts with the solar and wind farm projects that will deliver that target.

Its policies have become a blueprint for other Labor states to follow, with both Victoria and Queensland to adopt its reverse auction programs which deliver lower prices and certainty for investors.

The Liberals initially opposed the policy on the basis of what it claimed were outlandish costs involved, and then agreed to support the target after admitting it would not add significant costs to consumers and after seeing overwhelming public support – 90 per cent from Canberrans.

However, after the push against renewable energy from Coalition parties at federal and state level after the recent blackout in South Australia, it was feared that the ACT Liberals would come under increasing pressure to change their mind.

Coalition politicians in South Australia, NSW, Queensland and of course federally have argued that high renewable energy targets will result in soaring costs and blackouts. A report for the Labor government in Queensland last week said that neither claim was true, and that its 50 per cent renewable energy target would lead to lower costs and no risk to energy security or reliability.

The ACT target is well under way with two solar farms and two wind farms already complete, and another solar farm and another five wind projects under construction or about to begin. A battery storage program and a hydrogen fuel trial are also under way.

The biggest issue in this poll was in fact Labor’s light rail proposal, but the Liberals failed to make any headway, suffering a swing of 2.6 per cent. In Gungahlin, which is to be linked to the city centre and ultimately Woden by the light rail, Labor actually improved their position.

Labor will likely govern in partnership with the Greens, who delivered a one seat majority in the previous parliament and may help deliver a majority of between three and five seats on this occasion in a legislative assembly expanded from 17 seats to 25.

There is an outside chance that Labor will be able to govern in its own right or that the Greens, with at least two seats, will decide to sit on the cross-bench and exert the balance of power. The party with the biggest vote gain was the Sex Party, which stands an outside chance of winning a seat in Brindabella.

See also: Canberra power play: How one man’s vision too ACT to 100% renewables.

Giles Parkinson

Giles Parkinson is founder and editor of Renew Economy, and of its sister sites One Step Off The Grid and the EV-focused The Driven. He is the co-host of the weekly Energy Insiders Podcast. Giles has been a journalist for more than 40 years and is a former deputy editor of the Australian Financial Review. You can find him on LinkedIn and on Twitter.

Share
Published by

Recent Posts

Hydro Tasmania signs off-take deal for $500 million solar project, the first in island state

Tasmania's state owned energy utility signs off take deal for what will be the state's…

1 December 2024

CSIRO hails successful road test of lower-cost green hydrogen technology at steel plant

CSIRO says its innovative, potentially lower cost green hydrogen technology has completed 1,000 hours of…

1 December 2024

Eyes of the energy world on Australian vanadium battery tech

Long duration vanadium storage technology being trialled in Kununurra, it could be rolled out across…

1 December 2024

Energy Insiders Podcast: Getting the best out of the grid

Energy expert Gabrielle Kuiper on getting the best out of distributed energy resources in the…

29 November 2024

Australian homes could slash energy bills by two thirds by cutting out gas and petrol, AEMC says

Australian households could lower their bills by over two thirds if they fully electrify their…

29 November 2024

In the end, the only blackouts were in the media headlines: But there has to be a better way to do this

Updated: Blackout featured prominently in media headlines this week, but not on the grid. But…

29 November 2024