The next 12 months will be of critical importance to the Australian wind energy industry.
The coming year may well be a watershed for the renewable energy industry. A federal election will be held; a process (regardless of which party wins national government) towards a national emissions trading scheme will almost certainly begin; if Federal Labor wins, whether to expand the Mandatory Renewable Energy Target (MRET) may be revisited; and the New South Wales Government is expected to proceed with foreshadowed legislation and policy for new investment in that state's generation capacity, following Professor Tony Owen’s report.
Like a power-curve test on a wind turbine, all this activity follows a bell-curve ride of acceleration, cruise and decline for the wind energy industry.
