Momentum beyond the Renewable Energy Target (RET)
Earlier this year, the Clean Energy Regulator announced that
there were enough projects at a sufficiently advanced stage to meet
the large-scale RET by 2020.
This is not surprising given that the Clean Energy Council says
that 16 renewable energy projects with a generating capacity of 700
MW were completed in 2017 and that by the end of 2017, there were a
further 34 projects with a capacity of 2563 MW under
construction.
Many are questioning though, whether this momentum in the
renewables sector can and will continue beyond the RET, under some
version of the National Energy Guarantee
(NEG).
While the business sector seems to have united around the NEG as
the best option still on the table for much needed certainty around
national climate and energy policy, the debate continues to rage on
the following questions (amongst many many more):
