AUSTRALIAN POLICY REVIEW BODY BACKS RENEWABLE TARGET
Australia’s clean-power industry received a boost today when the body reviewing the country’s Renewable Energy Target (RET) issued a preliminary recommendation to leave it unchanged. The Climate Change Authority (CCA), which is reviewing the RET on behalf of the Australian government, backs the existing policy framework to reach a goal of at least 20% of power generation from renewable by 2020.
In a discussion paper issued ahead of its final report to ministers, the CCA says the large-scale RET of 41GWh of renewable power should be retained, “notwithstanding that on current projections of electricity demand this would represent around 25% (rather than 20%) of total electricity generated in 2020”. It also says the “existing broad structure” of the small-scale component of the scheme should stay as it is.