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

Premium
October 17, 2025
According to Ronak Maheshwari of CRC-IB, there has been a struggle for US renewable power projects to secure necessary equity .
October 17, 2025
Norwegian renewable energy firm Scatec has signed lease agreements for 64MW of solar PV and 10MWh of energy storage capacity in Liberia and Sierra Leone.
October 17, 2025
A group of over 20 US states are suing the Trump administration for the cancellation of the US$7 billion Solar For All Scheme.
October 16, 2025
Masdar and Turkey have entered the final stage of US$1 billion agreement to develop the 1.1GW plant in Bor, Niğde Province, central Turkey.
October 16, 2025
T1 Energy and Nextracker have agreed to use the latter’s steel module frames at the former’s new 5GW module manufacturing facility in Dallas.
October 16, 2025
US utility-scale solar additions grew by 56% in 2024, reaching 30GW from 2023’s 19GW and representing over 54% of all new electricity generation capacity added in the country last year.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK