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Showing posts with label RET. Show all posts
Showing posts with label RET. Show all posts

Saturday, May 16, 2015

Victorian Renewable Energy Target proposed as Minister challenges Federal Government to get out of the way


Published as an original article at Nofibs.com.au

On Thursday Victorian Energy Minister Lily D'Ambrosio told the Federal Government that Victoria wants to establish it's own Victorian Renewable Energy Target (VRET) and to get out of the way and clear the federal legislative path to do so.

In 2009 the States and Territories negotiated the closure of their own state based RET schemes on the condition of the adoption of the present federal scheme of 41,000GWh of renewable energy. The Federal Government negotiating a much lower target of 33,000GWh of power is an abrogation of the deal done by the States and Territories with the Rudd Federal Government in 2009.

Victoria can't just proceed with a new VRET scheme as the Federal Government needs to remove section 7c from the Renewable Energy (Electricity) Act 2000 (Cth), which prevents State Governments from having their own schemes similar to the Renewable Energy Target (RET).

“The Federal Government must move out of Victoria’s way and change the law. Our state needs a proper renewable energy target, to support the industry and reduce pollution.” said Lily D'Ambrosio.

Monday, April 6, 2015

Port Augusta: Transition from #coal to #solar critical say locals


First published at nofibs.com.au

The Port Augusta community have called for South Australian Premier Jay Weatherill to step up to help fund construction of a solar thermal power station. The call from Repower Port Augusta comes in reponse to an Alinta Energy assessment (Draft Milestone 3 Balance of Study Report March 2015 PDF) that found a solar thermal power station was still uneconomic to build without government support. The proposed 50MW project is estimated to cost $577 million, about $150 million greater than it's commercial viability.

Australia currently does not have any 'baseload' concentrating solar thermal with molten salt energy storage power plants. The Port Augusta proposed power station could be Australia's first using a Concentrating Solar Thermal (CST) power tower with up to 15 hours molten salt energy storage included.

These type of CST plus molten salt energy storage power plants are already producing electricity or under construction at Crescent Dunes in Nevada, USA (110MW), Gemasolar in Andalucía, Spain (20MW), Planta Solar Cerro Dominador at Calama, Chile (110MW under contruction), Rice Solar energy project in California, USA (150MW), and Supcon Solar Project in China (50MW under construction).

Sunday, September 28, 2014

South Australia sets 50 per cent renewables target for 2025


Congratulations to South Australian Premier Jay Wetherall who announced this past week that the state was about to reach it's 2020 target of 33 per cent renewables in the electricity sector and had chosen to increase this target to 50 per cent by 2020.

“This new target of half of the States power to be generated by renewable sources will create jobs and drive capital investment and advanced manufacturing industries." he said in a statement. (statement PDF)

The Federal Renewable Energy Target (RET) has been a significant factor in attracting $5.5 billion in investment and was likely to support a further $4.4 billion by 2025, creating much needed jobs in solar installation and advanced manufacturing.

“This new target of half of the States power to be generated by renewable sources will create
jobs and drive capital investment and advanced manufacturing industries." Wetherall said, “But we will only be successful with both of these targets if the Federal Government maintains the current Renewable Energy Target Scheme arrangements."

The Abbott Government Warburton review of the RET has recommended either closing the scheme to new investors or by setting targets based on the growth of electricity demand. Both of these options would throw a spanner in the works of investment in renewable energy in Australia.

Thursday, September 4, 2014

Wills MP Kelvin Thomson goes into bat for ARENA and renewable energy



This original article was first published at Climate Action Moreland.

Federal MP for Wills, Kelvin Thomson spoke in the second reading debate for the Australian Renewable Energy Agency (Repeal) Bill 2014 on 28 August 2014 defending the need to maintain low carbon investment support and the Renewable Energy Target.

Thomson highlighted that ARENA has supported more than 190 renewable energy projects, with more than $1.5 billion in private sector investment. An equal number of renewable energy projects is in the pipeline which might draw up to $5 billion in private sector funding. Rural and regional areas of Australia have benefited through job creation with about 70 per cent of projects in rural and regional areas.

"Experience from renewable energy markets overseas has shown that stable, long-term policy support provides the renewable energy industry with the required incentives to expand the renewable energy market. A clear commitment from the federal government on the policy framework surrounding renewable energy in Australia, such as the renewable energy target, provides the long-term certainty needed to encourage the growth of Australia's renewable energy industry."

Saturday, August 30, 2014

Warburton Review recommends slashing Australia’s Renewable Energy Target

Original article posted on Climate Action Moreland website

No surprises in the Warburton Review recommendations published this week. The review panel was after all hand picked to return a result the conservative and ideologically driven Abbott Government would be happy with.

Chaired by self confessed climate denier and former chairman of Caltex Dick Warburton, the recommendations involve changing the target by either closing the scheme to new investors or by setting targets based on the growth of electricity demand. The review also called for the outright abolition of the small-scale RET scheme - the scheme that assists solar PV panels installation on domestic houses and small businesses. This change would push up the cost of panels by 50 per cent according to a Sydney Morning Herald Report.

The review was very narrow in focus and did not consider adequately the climate science imperative for rapid climate change action and need to rapidly transition to renewables in stationary energy, and the need to do this as part of the global uptake in renewables, and nor did it assess or model the substantial health benefits and reduced medical costs provided of reduced air pollution.

Link: Warburton Review of the Renewable Energy Target