renewable energy target your solar quotes solar news blog

Renewable energy pushing forward

Renewable Energy is surging forwards in defiance of the Government's best efforts.

Despite the Federal government’s attempts to remove the Renewable Energy Target (RET) and encourage the use of coal, renewable energy uptake is pushing forward.

In a late December media release Kane Thornton, Chief Executive of the Clean Energy Council, has stated that the conclusions of a recent review by the Climate Change Authority clearly show that the RET is working. The review concluded that the RET is successful in reducing emissions, stimulating investment in the renewable energy sector and contributed to lowering electricity prices. It also recommended that no significant changes should be made by the government and that a “stable and predictable policy was essential to sustain this investment”.

The reduction in emissions can also be attributed to a decrease in the usage of coal and an increase in renewables both in Australia and the world, despite Tony Abbott’s insistence that “coal is good for humanity”. In China regulations were drafted last year limiting the amount and quality of coal imported; a country that is one of the largest importers of coal globally. Yingli Green Energy, one of the first companies to join the WWF Climate Savers program in China, has announced this month that it has gone beyond its targets to reduce greenhouse gas emissions. This reduction was contributed to by the installation of its own product, PV solar systems, on its factories and many other business-owned buildings.

With this strong stance towards the uptake of renewable energy from the world’s largest consumer of coal, Australia should be following suit. The government’s current climate policy, including its position towards the RET, is under attack from the Opposition due to recent data showing that 2014 was the hottest year on record. Uncertainty surrounding the RET is currently impacting many small renewable energy companies around Australia, with a reluctance from investors to put further money towards the sector until the industry’s fate is more assured. However, these businesses are holding strong due to an increase in the purchases of commercial systems to combat the rising costs of electricity.

There is also positive news which has been announced this month in renewable energy, described as an Australian first. The Victorian company AusNet Services is trialling a 1MW battery to support the mains grid during peak demand periods, in partnership with ABB Australia and Samsung SDI. The Managing Director of AusNet Services, Nino Ficca, says that this trial will determine if battery storage is a viable, non-network option for meeting peak demand. If this trial is successful it could lead to greater development and usage of batteries and renewable energy systems, such as a solar farm and lithium battery system in Japan also supported by Samsung SDI.

The combined pressure from the Climate Change Authority review, current technological developments, the Opposition and many small solar company owners may ensure the survival of the Renewable Energy Target!

 

Source: Climate Change Authority, 22 December 2014, “2014 Renewable Energy Target Review”, accessed 22 January 2015.

Clean Energy Council, 22 December 2014, “New review undermines government’s call to slash Renewable Energy Target”, accessed 22 January 2015.

Energy Matters, 7 January 2015, “Yingli Solar goes beyond greenhouse gas reduction targets”, accessed 22 January 2015.

Buckley, T, 7 January 2015, “China’s declining coal dependence is evident in the data”, accessed 22 January 2015.

Latimer, C, 17 September 2014, “Chinese cap coal import quality levels”, accessed 22 January 2015.

ABC, 13 October 2014, “Coal ‘good for humanity’, Prime Minister Tony Abbott says at $3.9b Queensland mine opening”, accessed 22 January 2015.

Hannam, P, 6 January 2015, “Small-scale solar power industry hold its own as clouds gather”, accessed 22 January 2015.

Energy Matters, 8 January 2015, “AusNet Battery Energy Storage Trial Under Way”, accessed 22 January 2015.

Christoff, P, 21 January 2015, “FactCheck: did carbon emissions fall faster before the carbon price?”, accessed 22 January 2015.

Posted on:  {{date}}

The Author

Cassandra House

Cassandra has recently graduated from the University of Western Australia with a Bachelor of Science, majoring in Environmental Science and Conservation Biology. She is interested in the development of the Australian renewable energy sector as a means of sustaining the environment for the future; and is passionate about educating the public and small business owners on their options. Other interests include reading, gardening and playing piano and guitar. She is passionate about caring for Australia’s wildlife and has volunteered in wildlife rescue and many other community groups. Currently she is learning about small business management whilst assisting with the administration duties of her partner’s business.

About Your Solar Quotes

Your Solar Quotes are dedicated to educating Australian homeowners about solar power and the importance of clean and renewable energy. Our mission is to provide all of the information necessary in order to make an informed decision about solar power and to connect homeowners with top rated local solar installers. Our free service enables you to gather all of the information you require about solar power and request quotes in just seconds thanks to our user friendly platform. We take the hassle out of finding quotes from reputable local installers!

about us solar news blog

ENTER YOUR POSTCODE TO RECEIVE YOUR FREE QUOTES

Tell us about your home.

Solar hot water reduces energy usage.

Current hot water system?

What are your best contact details?

Thank you, {{getFirstName()}} we will be in touch shortly!

Share our service to help your friends save!


All Articles

2016/01/15
Home battery storage to augment solar systems in near future
2015/12/24
Clean Energy Fund
2015/12/11
Tesla battery now available in Australia
2015/10/17
Electric Car Recharge Station – Largest in Southern Hemisphere
2015/09/22
The Netherlands to power its railway network on 100% wind energy by 2018
2015/09/09
Solar PV prices to drop by 50% by 2030
2015/09/05
Redflow Zinc Bromide Storage System
2015/08/17
Cochin Airport to be powered by Solar
2015/08/04
Obama unveils ambitious Clean Power Plan to fight Climate Change
2015/07/30
Japan's Kyocera Corporation to develop solar power plants on disused golf courses
2015/07/29
Tesla’s Unveiling of Solar Battery Storage
2015/07/23
Bill Shorten to officially announce 50% Renewable Energy Target by 2030 at ALP Conference
2015/07/17
The Federal Government Jeopardises Renewable Energy Sector Again
2015/07/16
The World's most efficient solar energy system
2015/07/14
Government has offered $150, 000 to Adelaide Businesses to install Solar Panels
2015/07/14
Prime Minister Tony Abbott has worsened the Wind Power conflict
2015/07/13
Origin Energy begin installing solar power system at the Royal Australian Mint
2015/07/09
Ratch Australia to proceed with a proposed Solar Power Project in Collinsville by 2016
2015/07/08
Goldwind to construct huge wind farm in Northern Sydney
2015/07/03
A future for wind in Australia?
2015/07/02
United Nations demands a zero ban on logging and mining in Tasmania's World Heritage Region
2015/06/26
Partners Group pumps $450 million into the Expansion of Ararat Windfarm in Australia
2015/06/26
Government reduces Renewable Energy Target (RET) by 20%
2015/06/24
Urgent message to all Ergon Energy customers
2015/06/23
Government passes a law to slash Renewable Energy Target
2015/06/15
Solar power assisting the relief effort in Nepal; increasing usage in Australian rural areas
2015/05/10
RET debate drawing to a close as Japan surges forward with space solar
2015/05/01
Elon Musk’s Powerwall is going to revolutionise global energy storage
2015/04/11
Tree shaped wind turbines in Paris
2015/04/10
The RET standoff continues
2015/03/13
Flying Solar
2015/03/05
Australian solar developments and global technological advances
2015/02/26
Australia's Largest Solar Farm to be Built in Qld
2015/01/29
Tony Abbott Snubs International Renewable Energy Conference
2015/01/28
Renewable energy pushing forward
2015/01/13
Global Investment Boom in Renewable Energy
2015/01/08
2015: The year to watch
2014/12/23
Tony Abbott to receive solar panels for Christmas
2014/12/13
Australia is a global leader in solar development, but lags in policy
2014/12/12
The Solar Revolution
2014/12/10
Solar panels are now more efficient than ever
2014/11/25
Disgraceful new RET proposal is economic vandalism
2014/11/18
Melbourne show goes green with solar power
2014/10/09
Hybrid Materials could smash the solar efficiency ceiling
2014/10/08
Royal Australian Mint announces commercial solar tender
2014/09/29
The sun could be the world’s largest source of electricity by 2050
2014/08/19
Proposed cuts to Renewable Energy Target completely out of touch
2014/07/28
Solar is creating jobs and slashing bills
2014/07/17
A dark day for Australia as carbon tax is repealed
2014/06/26
Clean Energy Council thank Clive Palmer
2014/06/17
The remarkable energy transition in South Australia
2014/05/06
Australia To Pioneer Off-Grid Solar Power Storage With SunPower
2014/04/03
Apple, Google and Facebook make a change for a greener internet
2014/02/18
RET Review Announced
2014/02/12
Macquarie Bank enters solar finance market in Australia
2014/02/01
Investors Banking on Solar
2014/01/29
Australia Day honours for solar pioneers
2014/01/28
Construction Begins on Nyngan
2014/01/09
Australia now has two million small scale renewable installations
2013/12/09
Australia reaches another solar milestone
2013/12/02
Tasmania aims for 100% renewable energy by 2020
2013/11/13
Queensland has more solar PV installed then 22 countries
2013/10/23
UQ announce Queensland's largest solar panel array
2013/09/27
South Australian feed in tariff closing September 30