Call for Australian Renewable Energy Target agreement

Facebook
Twitter
LinkedIn
Reddit
Email

Business groups have called on Australia’s federal government and opposition to come to an agreement on the country’s Renewable Energy Targets (RET) to provide certainty for the renewables industry, but solar campaigners have said proposed targets are too low.

The business groups acknowledged the “goodwill” of the government in moving the target up to 32,000GWh by 2020 and the opposition’s move to 33,500GWh.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

They also called on the two parties to compromise and agree a position at 33,000GWh.

The groups said: “That will provide a stable bipartisan basis for investment in energy supply including renewables, conventional energy and energy dependent industry.”

They added that failing to agree on the RET would continue to block investment in renewable energy generation and in electricity supply. It would also impose significant unnecessary costs on industry that relies on electricity.

The signatory peak organisations included the Australian Chamber of Commerce and Industry, the Australian Industry Group, the Business Council of Australia, the Australian Aluminium Council, the Bureau of Steel Manufacturers of Australia, the Cement Industry Federation, the Energy Users Association of Australia and the Tasmanian Minerals and Energy Council.

Federal opposition leader Bill Shorten told ABC Radio on Monday: “Even though we want a higher Renewable Energy Target than the government, we are prepared to meet somewhere in the middle because there is billions of dollars of investment and thousands of jobs on the line.”

However, John Grimes, chief executive of the Australian Solar Council said that a 33,000GWh target by 2020 would not result in the building of Big Solar capacity and the target would quickly be taken up by wind alone. He claimed Coalition politicians opposed to wind power are supporting a deal that will double wind generation and achieve little for Big Solar.

Grimes said: “By delivering maximum uncertainty they have forced the wind industry to accept peace at any price, as large-scale investment plummets by more than 90% since last year.”

He said that by 2017/18 when Big Solar is competing at scale there will be little space left to reach the target.

He added: “This is a poor outcome for Australia. It locks us into a single technology and ignores Australia’s solar potential.

“The Abbott Government and our biggest polluters have been determined to smash large-scale renewables.

“We need Big Solar built before 2020, and all political parties must commit to at least 50% renewables by 2030.”

Read Next

October 15, 2026
Anza Power has signed a second long-term PPA with Fonterra for its 110MWac Karioi solar PV power plant in New Zealand.
October 15, 2026
The Australian Renewable Energy Agency (ARENA) has launched a third round of its Solar Sunshot programme, offering up to AU$250 million (US$175 million) to companies that manufacture or demonstrate equipment for building large-scale solar PV power plants in Australia.
October 14, 2026
The Becquerel Institute has released a segment briefing on the potential impact that AI and robotics can have on solar PV installations.
Premium
October 14, 2026
Australia ranks second to the US for data centre investment, driving demand for solar power and battery storage.
October 14, 2026
The prices of European renewable energy power purchase agreements (PPAs) rose by 5.0% in September, according to figures from Pexapark.
October 14, 2026
Arevon Energy signed three 20-year Indexed REC contracts with Illinois utilities for its 200MWac/275MWdc Panther Energy solar project.

Upcoming Events

Solar Media Events, Upcoming Webinars
October 21, 2026
2pm AEDT
Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
February 2, 2027
London, UK
Solar Media Events
April 20, 2027
Istanbul, Türkiye