Australian policy review body backs renewables 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 renewables by 2020.

In a discussion paper issued ahead of its final report to ministers, the CCA says the large-scale RET of 41TWh 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…

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