Library from Australia
A negotiated position could mean scaling back to a “real” 20% target or pushing back the target for large-scale projects while leaving small-scale production, such as solar panels on house rooftops, in place. The clean energy sector has warned that any amendment to the RET would be disastrous for the industry.
The future is unclear for landholders with existing wind turbines as the federal government considers the recommendations of a review into the Renewable Energy Target scheme. The review recommends a halt to the scheme it claims is costing taxpayers $422 billion in industry subsidies.
Land owners in communities along the Goulburn-Braidwood Road are continuing their self-described "David and Goliath battle" to stop a $400 million wind farm development proposed for 12,000 hectares in the area.
A western Victorian renewable energy company says recommendations from a review of the Renewable Energy Target (RET) have increased uncertainty about the industry's future. The report proposes options including abolishing the target by 2030 or closing the scheme to new entrants.
While wind farms in Australia can have long term power purchase agreements out to 2030, the financing arrangements are much shorter, usually around 5 years. This means that most, if not all, wind farms, will be up for refinancing in the next few years. When that happens, the major banks will review the state of the market, and are either likely to raise the price of debt, or do an “equity sweep.”
Because the price of RECs is about the same as the electricity price per megawatt/hour, renewables generators are deriving as much revenue from selling RECs as they are from selling power to the National Electricity Market.
A $150 million wind farm southwest of Cairns is in jeopardy as the Federal Government is reportedly planning dramatic cuts to the Renewable Energy Target scheme.
The renewable energy sector has cleverly confused the concepts of economic costs, which are the costs of the resources used to produce renewable energy, with prices. They do this to disguise the real cost impact of the RET on the economy and to make themselves a smaller political target. ...The goal of the RET was never about suppressing prices, but this is now the cause célèbre of the renewable industry.
It is a touch ironic that it has taken the abolition of the carbon tax to highlight just what a pernicious bit of work it was. More than even Tony Abbott’s labelling of it as a big, bad tax. ...according to the federal government, the average family will benefit by $550 annually.
Cutting the renewable energy target could bankrupt existing wind farms and lead to legal action against the commonwealth government, energy companies have warned.
Electricity use has plunged so much that no new coal or gas baseload power generation will be needed over the next decade to comply with the nation’s famously conservative requirements for ensuring lights stay on.
Acoustician, Steven Cooper, has been asked to measure noise emissions at the Cape Bridgewater wind energy facility in Australia following years of noise complaints since the project was placed in service in 2008. Mr Cooper has tested inside three homes near the wind facility over eight weeks, including a two-week shutdown of the turbines. His preliminary report can be accessed by clicking the link(s) on this page. His initial findings are provided below.
Opponents of a proposed wind farm near Tarago are calling on the state government to ‘do its job.’ Community consultative committees (CCCs) are mandatory under guidelines but are nothing more than a ‘fig leaf,’ says a residents’ group.
What conceivable purpose is served by policies which have no effect whatsoever on global emissions but damage our prosperity? And were dangerous climate change indeed in prospect, how could making us poorer facilitate the adjustments Australia will have to undertake?
The results from recordings and residents’ diaries show that a change in power output of more than 20 per cent leads to a change in sensation for the residents. “The main thing I get from the study is that there is a direct correlation from the noise coming out of the wind farm and the response in my body to that noise,’’ Ware says.
For Australia’s multi-billion-dollar renewable energy industry, marooned in the doldrums of investment uncertainty, the big calm before the renewable energy target review storm came last week. For two consecutive days a high-pressure system becalmed southeastern Australia, stranding the nation’s entire fleet of wind turbines.
In April a Department of Planning investigation found that 69 of the Gullen Range wind farm’s 73 turbines had been built in the wrong location. On Wednesday the Department recommended that just two of these be pulled down and put in the right spot.
The Department of Planning’s recommendation to tear down two turbines was partly based on legal advice, says Goulburn MP Pru Goward. If had ordered that all Gullen Range turbines placed in the wrong location be removed, it could be legally challenged.
But Pacific Hydro has agreed to a key request from residents to allow acoustician Steven Cooper to investigate whether noise and power levels correspond with complaints from nearby residents. The decision by the company to allow Mr Cooper to measure noise is significant because of Mr Cooper’s previous reports critical of wind farm noise.
State government bureaucrats have specifically banned the future construction of wind turbines and wind farms from the leased port area. ...‘‘The experience in Brisbane was if you give a little bit over for this and another bit for that, the port operations get pushed right to the mouth of the port.’’