Library from Australia

Clean energy targets reviewed

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.
15 Sep 2014

Acciona wind farms on hold over RET uncertainty

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.
1 Sep 2014

Australia’s wind turbines may stop spinning as banks foreclose

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.”
1 Sep 2014

Time for the RET to go back to its original intention

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.
21 Aug 2014

Cooper findings

Cooper-preliminary-findings-cape-bridgewater_thumb 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.
6 Aug 2014

Windfarm group demands action

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.
4 Aug 2014

Greenhouse follies must end

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?
3 Aug 2014

Renewables in the doldrums

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.
2 Aug 2014

69 turbines in wrong spot

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.
2 Aug 2014

Port lease won't allow for new wind turbine

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.’’
27 Jul 2014

http://www.windaction.org/posts?location=Australia&p=14
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