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Renewable Energy Target by 2020

The first renewable energy target of 20% put forward by the Andrews government for the end of the decade could be achieved via very limited effort, energy market analysts reviewed.

New survey of the said goal unveils that wind farms already under construction and projected rates of rooftop solar installations will solely raise renewable energy’s share in the Victorian electricity mix to 18% by 2020.

“It would pursue at least 20 per cent of the state’s electricity generation coming from renewable energy, such as wind and solar power, by decade’s end.” Andrew Government stated last month.

The government is inviting feedback on the 2020 target, and additional one for 2025, as part of a strategy to boost renewable energy it has already pledged.

“As a result a 20% goal would be met really easily. Basing the target on how much renewable energy is generated rendered it ineffective because Victoria could just import coal power from other states via the national grid.” The Author, the Firm’s Director Ric Brazzale stated.

Instead, he stated that the target should be based on the electricity consumption in Victoria.The firm’s survey also reviewed should any of big ageing brown coal power stations in the Latrobe Valley closes before 2020, renewable energy would reach a 22% market share by 2020.

The research is in line with the survey by Environment Victoria, which in its proposal stated thata 20% target would be little greater than business as usual and “would not require any significant effort by the Victorian government and therefore cannot be regarded as ambitious”.

Environment Victoria suggested that the territory should rather adopt targets of 30% for 2020 and 50% for 2025.

The group realised those the aforementioned targets would be achieved with the extra rooftop solar installations, construction of all wind projects with Victorian planning approvals and the stopping of one coal power station by 2020 and another by 2025.

But elsewhere several industry groups in submissions questioned the rationale for setting a state target and what overlap it would have with the national scheme, which is geared to see 23 per cent of Australia’s power come from renewables by 2020.

The Electricity Supply Association of Australia stated that without the support of two parties the territory’s target would do little to encourage investors. And based on how it was programmed could cause consumer electricity bills to rise and possibly avert investment from the national scheme, leading to a failure.

“The 20 per cent goal was a minimum target and the government looked forward to reviewing submissions on what the 2020 target should be.” A spokeswoman for Energy Minister Lily D’Ambrosio , stated.

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