Labor backs away from Australia RET deal over two-yearly reviews

May 12, 2015
Facebook
Twitter
LinkedIn
Reddit
Email

Australia’s Labor Party will not support a deal on the Renewable Energy Target (RET) over its biennial reviews and the inclusion of wood waste from native forests, despite Coalition announcements that a deal had been reached.

PV Tech reported yesterday that minister for industry and science Ian Macfarlane had announced that the country’s two main parties had reached an agreement to reduce the RET target to 33,000GWh, but according to local reports, opposition environment minister Mark Butler told reporters the inclusion of a two-yearly review would hinder investment in the industry and cause uncertainty.

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

Butler told reporters: “Unless the government drops that, this deal cannot proceed.

“I thought we had a position of agreement based on the 33,000GWh large-scale target. What the government should do is drop this silliness of re-arguing the case on the reviews, which were dropped months before.”

John Grimes, chief executive of the Australian Solar Council, said the Council fully backs Labor’s position on the reviews and the inclusion of wood waste in the target.

The RET has been reviewed three times in three years and the Coalition government is now pressing for a further review to start in seven months time.

Grimes said another review would “devastate” Australia’s solar industry.

After the recent Coalition announcement that a deal had been reached, Clean Energy Council chief executive Kane Thornton expressed “serious concern” about the retaining of the biennial review, which he claimed the industry had been given repeated assurances would be removed.

However, Labor's backing away from the RET deal is also likely to continue investor uncerntainty for the renewables industry. Thornton said the RET review, which has already lasted for 14 months, caused this uncertainty and hundreds of jobs to be lost.

Read Next

March 16, 2026
Clēnera has secured US$304 million in finance to advance the development of the 120MW Crimson Orchard solar-plus-storage project in Idaho.
March 16, 2026
Flow Power has signed an offtake agreement with Octopus Australia for the 300MW Blind Creek solar farm and its 243MW/486MWh battery system.
March 16, 2026
US solar tracker producer GameChange Solar will supply 258MWp worth of solar trackers to a solar-plus-storage project in Egypt.
Premium
March 16, 2026
Solargik's Morag Am-Shallem, Greg Ravikovich and Eitan Har-Shoshanim examine how AI addresses the challenge of data overload in solar PV.
March 16, 2026
Finlight and Atrato Onsite Energy have merged, aiming to increase their operational solar capacity in Europe to over 2GW by 2030.
March 16, 2026
Indian PV manufacturer Waaree Energies has broken ground on its 10GW solar ingot and wafer manufacturing plant in Butibori, Nagpur, Maharashtra.

Upcoming Events

Solar Media Events
March 24, 2026
Dallas, Texas
Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain