From the category archives:

Renewable Energy Target

Victoria’s Labor Government Steps Up on Climate Action

February 1, 2017
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Victoria’s Labor government has upped the ante on climate action, pledging to cut state emissions by up to 20 per cent within three years on the road to its ultimate target of zero net emissions by 2050. Recommend on Facebook Share on Linkedin Tweet about it Print for later Tell a friend Related PostsResidential Solar […]

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Will the federal incentive for rooftop solar end next year?

December 13, 2016
Rooftop solar panels

Judging by some of the advertisements we’ve come across, you might be forgiven for thinking that Australia’s federal rooftop solar incentives (under the Renewable Energy Target) were on their way out the door. In this article we’ve set the record straight. (This article was originally published in May 2016.) What we’ve been hearing: ‘The solar […]

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NSW Government announces major expansion into renewable energy

November 7, 2016
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The New South Wales Coalition government has broken ranks with its federal counterpart and announced a major expansion into large and small-scale renewable energy, as well as electric vehicles and energy efficiency, as part of a new plan to reach “zero net emissions” by 2050. The state says it will issue more government power purchase […]

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Investment in large-scale renewables on the rise, but Aus still unlikely to meet 2020 target

July 26, 2016

Large-scale renewable energy investment in Australia has hit its highest levels since 2013, although it remains well short of the level needed to meet the reduced renewable energy target in 2020. Bloomberg New Energy Finance data for the second quarter in 2016 shows investment in large scale wind at its highest levels since 2013, just […]

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Could the Renewable Energy Target once again be under threat with new government?

July 11, 2016
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Australia’s biggest utilities and coal generators could push for another review of the federal renewable energy target, if the newly re-elected Coalition government is presented with a “workable” majority of supporters in the Senate. The Australian Solar Council tweeted last Thursday that it was “hearing rumours” of a push for another review of the RET […]

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Labor’s 50% renewables target would require $80b in investment: UBS

September 21, 2015
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Federal Labor’s proposed 50 per cent renewable energy target for Australia by 2030 would require around $80 billion in investment, much of which would need to be spent anyway, a new report has found. The report, the first in-depth analysis of the ALP’s mooted RET, was released by global investment bank UBS on Monday, and […]

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Australia has a new PM: What’s in store for solar?

September 15, 2015
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Malcolm Turnbull is now ensconced as the 29th Prime Minister of Australia after besting Tony Abbott in a dramatic showdown whose similarities to the travails of the previous Labor government are impossible to ignore. What does the election of a centre-right politician to the helm of what was until recently the most anti-renewables government in […]

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Labor Party to commit to 50% federal Renewable Energy Target by 2030

July 22, 2015
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The Australian Labor Party will announce a commitment to supporting a Renewable Energy Target of 50% by the year 2030, according to an article in the Sydney Morning Herald and a press release from the Australian Solar Council. If enacted, this ambitious goal would build on the existing target of 20% renewables by 2020 and accelerate renewables […]

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Could the Coalition turn RET towards large-scale solar?

June 22, 2015

In seeking to justify its push against wind energy, the creation of a “wind commissioner” and its dealing with the Senate cross-bench, the Coalition is trying to turn the renewable energy target into a sort of de facto large-scale solar scheme. “What we’re doing there is very significant and we’re increasing the focus on large-scale solar,” environment […]

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RET deal details remain unsettled with questions about wood waste and wind

June 19, 2015

Last-minute wrangling over the inclusion of native wood waste in the Renewable Energy Target is threatening to delay passage of the amended legislation through federal Parliament’s Upper House, as the Coalition and Labor try to avoid a compromise agreement with cross-bench Senators. As part of the political intrigue that has intensified since Prime Minister Tony Abbott’s […]

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Coalition reportedly investigating ways to promote large-scale solar ahead of wind

June 12, 2015
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Solar energy could be favoured under the revised Australian renewable energy target, with Coalition ministers reportedly looking at ways to accelerate the development of large-scale solar projects, ahead of wind farms. It is understood that Industry Minister Ian Macfarlane and Environment Minister Greg Hunt are facing strong party-room resistance to the cut-down 33,000GWh target agreed […]

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RET deal’s passage will unlock billions in solar & wind investment

May 29, 2015
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More than $10 billion in solar and wind investment would be unlocked if legislation to amend Australia’s renewable energy target achieved quick passage through parliament, the Clean Energy Council has advised. The legislation, which reduce the RET from 41,000GWh by 2020 to 33,000GWh, was tabled in federal parliament on Wednesday morning, having earned bipartisan support […]

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Renewable Energy Target deal struck: 33,000GWh with no 2-yearly reviews

May 18, 2015
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The Abbott government and federal Labor have finally struck a bipartisan agreement on Australia’s renewable energy target, with both parties agreeing to slash it from 41,000GWh to 33,000GWh by 2020. The agreement was reached on Monday morning after a reported intervention from the Prime Minister’s office, encouraging the Coalition to backflip on its backflip about the need for ongoing reviews. […]

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Queensland to aim for 50% renewables, 1 million solar homes by 2030

May 15, 2015
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Queensland’s Labor government has restated its commitment to generating 50 per cent of its electricity needs from renewable energy by 2030, and to ensure one million homes in state had rooftop solar by 2020. The plans, first outlined in Labor’s pre-election policy release, were confirmed by the state’s new energy minister, Mark Bailey, on the […]

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Big solar could make up 40% of new 2020 large-scale renewables target: BNEF

May 14, 2015
BNEF new LRET

Big solar could take up as much as 40 per cent of Australia’s 2020 Renewable Energy Target, even with a much reduced target of 33,000GWh, according to Bloomberg New Energy Finance. The forecast contradicts sector-wide fears that large-scale solar projects would be sidelined by cheaper wind energy projects under the agreed cut in the RET. But […]

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RET deal back on hold as Labor walks out over continuation of 2-yearly reviews

May 12, 2015

Even as an agreement appears to be close at hand, talks have again broken down between Labor and the Coalition about the future of Australia’s Renewable Energy Target (RET). Labor walked out on the talks, with opposition Environment Minister Mark Butler saying that his party will not back a RET deal that allows for the […]

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Coalition and Labor to compromise on Renewable Energy Target: 33,000GWh by 2020

May 8, 2015
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A compromise deal may finally have been reached on Australia’s Renewable Energy Target (RET), according to reporting from the ABC and other sources. The Coalition government and Labor Party have apparently reached an agreement to reduce the nation’s 2020 target from the current 41,000 gigawawatt-hours (GWh) to 33,000GWh. Although not the outcome that renewable energy […]

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Aussie small-scale solar stays strong even as large-scale lags due to uncertainty

April 15, 2015

Australia’s rooftop solar market is continuing to grow, despite a plunge in renewable energy investment that is driving the nation’s large-scale renewables sector into a deepening crisis. New analysis by Bloomberg New Energy Finance points to a 90 per cent drop in renewable energy investment in the 12 months to March 31, thanks to policy […]

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Solar Citizens launch nation-wide Stand Up For Solar campaign

March 31, 2015
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Australian solar lobby group Solar Citizens is calling for a higher renewable energy target and a fair price for solar, through the launch of a new year-long campaign that will target state and federal politicians. The campaign, Stand up for Solar, advocates a national goal of at least 50 per cent renewable energy by 2030, as well […]

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Coalition rejects 41,000GWh ‘compromise’ on Renewable Energy Target

March 27, 2015
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Federal industry minister Ian Macfarlane has rejected the offer of a compromise on the Renewable Energy Target from the Clean Energy Council, saying his government would not budge above 32,000GWh. “We are not conisering anything over 32,000GWh,” he told ABC Radio. The CEC, Australia’s peak renewables body, proposed a “compromise” RET at 33,500GWh, down from […]

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Coalition says cross-bench senators votes could help them weaken RET

March 23, 2015
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The federal government will take renewable energy target negotiations to the cross-benchers in the Senate, after its “final” offer on the RET was rejected outright by Labor.In an interview with RenewEconomy on Friday, environment minister Greg Hunt said the government was talking with the eight cross-benchers, including the most recent defectors from the Palmer United Party, […]

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Extension of Renewable Energy Target could trigger large-scale solar boom in Aus

February 16, 2015
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A new report has warned that Australia could miss out on the booming global solar market – a market some say will be worth more than $130 billion by 2020 – if the Renewable Energy Target is diluted or scrapped. The report, from The Australia Institute, says Australia has already become “a rare exception,” in […]

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Australia’s great electricity price swindle: How the networks got away with billions in overinvestment

January 13, 2015
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Last year, Jess Hill of the Monthly published an enlightening but damning report, called Power Corrupts, on the state of the electricity industry in Australia. Her main topic of investigation is whether the sharp electricity price increases of recent years have been due to the carbon tax, Renewable Energy Target and other ‘green schemes’, as their opponents contend. Ms […]

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Climate Change Authority advises gradual reduction of small-scale solar incentives to avoid chaos for solar industry

January 5, 2015
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The independent body set up by the federal government to advise on climate and clean energy policy has recommended no changes to the small-scale component of the Renewable Energy Target, despite it being a relatively expensive way to reduce emissions. The Climate Change Authority, in its second review of the RET released on Monday, says […]

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Australia Institute report shows 80% of Australians favour solar, wind & other renewables over coal

December 10, 2014
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The majority of Australians look forward to a future fuelled by renewables, new research has found, with many naming solar and wind as their energy sources of choice. In two separate reports released on Tuesday by The Australia Institute – and co-authored by Dr Jeremy Moss, Director of the Social Justice Initiative at University of […]

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Do the recent comments from Greg Hunts’s office mean small-scale commercial solar is safe from the government axe?

December 10, 2014
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According to Climate Spectator, the government is dropping hints that it may have backed away from slashing incentives for residential and small-scale commercial solar projects. In a talk with Climate Spectator’s Tristan Edis, representatives from Environment Minister Greg Hunt’s office suggested that changing the eligibility requirements for up-front incentives under the Small-scale Renewable Energy Scheme (SRES) […]

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Stonewalled by Coalition, Labor abandons negotiations on RET

November 12, 2014
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In a move described by the Australian Solar Council as ‘a sign of strength’, the Labor Party has walked out on negotiations over the future of the Renewable Energy Target (RET), saying that there is ‘no prospect’ of finding common ground. Through weeks of negotiations, the Coalition has been holding firm on its determination to see […]

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Coalition maintains position on ‘real 20%’ RET, but could small-scale solar take the hit instead?

October 29, 2014
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Although it may to some degree be a matter of political posturing in order to ensure room for negotiations, the Coalition government is quite vocally holding firm on its call for the Renewable Energy Target to be reduced to a ‘real 20%’, floating target. This was clear in the Coalition’s initial position on negotiations over […]

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Over 1 gigawatt of new solar was installed under small-scale RET in last 14 months: Green Energy Trading

October 28, 2014
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Continued uncertainty over the future of Australia’s Renewable Energy Target has boosted the nation’s uptake of rooftop solar, according to a new report, helping to push the total amount installed since July 2013 to 1GW. Data released by Green Energy Trading shows that more than 1,020MW of rooftop solar was installed across the country over the past […]

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Renewable Energy Target state-of-play: What you need to know

October 27, 2014
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Sydney Morning Herald Environment Editor Peter Hannam has provided a lucid overview of where things stand with the Renewable Energy Target (RET). The piece is worth a read for anyone who has been following the saga over the scheme’s future as a reminder of the current situation and what is at stake. Here is a quick […]

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Coalition draws lines for start to negotiations on Renewable Energy Target’s future

October 23, 2014
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The Coalition has come out swinging–albeit not as furiously is it might have–in negotiations over the future of the Renewable Energy Target. Key to the Government’s initial position on the scheme are the proposals that the 2020 target be reduced to a ‘real 20%’ and that emissions-intensive industries be exempted from their RET compliance obligations. […]

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