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Renewable Energy News
Weaker RET would transfer $10b to big power firms, study finds
Reducing the national Renewable Energy Target (RET) would generate $10 billion in extra profit over the next 15 years for owners of coal and gas-fired power plants while consumers pay more, according to new analysis commissioned by green groups.
Solar industry declares war
Australia's solar energy sector is launching a marginal seats campaign to topple the federal government, alleging Tony Abbott has already decided to neuter the Renewable Energy Target. 18/08/14. Renewable energy target to stay, says Mathias Cormann.

Ferret
The government has denied a report that it is preparing to abolish the 2020 Renewable Energy Target. The Australian reports that federal finance minister Matthias Cormann has denied that the government has asked the chair of a review into the RET, Dick ...

Sky News Australia
The Abbott government says it remains committed to the renewable energy target (RET) despite reports to the contrary. Finance Minister Mathias Cormann says the government will wait for a review of the RET before making any decisions, but insists it is not ...
Levy on solar cells may make electricity costly
Raising concerns over plans to impose import levy on solar cells, the ministry of new and renewable energy has said that such a decision could result in higher electricity prices and push many projects into litigation. Instead of hiking the duty, the ministry is of ...

The National Interest Online
Individually, the two countries have worked significantly on the development of renewable energy. In 2008, the ROK proclaimed “Low Carbon, Green Growth” as a national vision to create a momentum for economic growth through the use of clean energy and ...
Coalition remains committed to renewable energy target: Cormann
The speculation comes as modelling commissioned by the Climate Institute, Australian Conservation Foundation and WWF Australia showed cutting the level of the renewable energy target would lift energy company profits at the expense of consumers.
DECC Reviews Renewables
That was much less than the 1-2 GW forecast in the Government's Marine Energy Action Plan 2010, or even the 1.3GW by 2020 UK figure in the EU Renewable Energy Action Plan. And although the UK is still in the lead in this area, the new DECC Review ...
Govt committed to RET: Cormann
The Abbott government says it remains committed to the renewable energy target (RET) despite reports to the contrary. Finance Minister Mathias Cormann says the government will wait for a review of the RET before making any decisions, but insists it is not ...
Renewable energy target to stay: Cormann
THE government has moved to hose down speculation that it will scrap the renewable energy target saying it remains committed to the policy. Finance Minister Mathias Cormann said on Monday that the government's position was to "keep the renewable ...
Germans Happily Pay More For Renewable Energy, But Would Others?
In the first half of 2014, Germany drew 28 percent of its power generation from renewable energy sources. Wind and solar capacity were hugely boosted, now combining to generate 45 terawatt hours (TWh), or 17 percent of national demand, with another 11 ...
Abolishing RET will increase profits for generators: report
DUGALD MURRAY: This drop in market share has caused many of the fossil fuel generators to call for the RET to be abolished or to be reduced and they often claim that reducing the Renewable Energy Target, the RET would reduce costs to customers.
Govt 'committed' to RET: Cormann
THE Abbott government says it remains committed to the renewable energy target (RET) despite reports to the contrary. FINANCE Minister Mathias Cormann says the government will wait for a review of the RET before making any decisions, but insists it is not ...