19 December 2012: The Climate Change Authority has published its first legislative review of the Renewable Energy Target. 2014 RET Review page.
Renewable Energy Target Review Final report
Government response to the Renewable Energy Target Review
The Australian Government released its response to the Renewable Energy Target Review on 21 March, 2013.
Download the Government response (PDF 101kB)
Further details on the Government’s response and an accessible HTML version of the report can be found here(Opens in a new tab/window).
Electricity market modelling
Electricity market modelling was conducted by SKM MMA to inform the review.
The discussion paper was released on 26 October 2012. It outlines the Authority’s preliminary views and draft recommendations on the Renewable Energy Target review.
Download the discussion paper (PDF 3.1 MB)
The discussion paper was updated on 31 October 2012 to correct an error identified by SKM MMA in its modelling calculations. A corrigenda has been issued which outlines the corrections made to the discussion paper.
Download the corrigenda (PDF 294 kB)
The Renewable Energy Target review issues paper was released on 20 August 2012.
Submissions closed on 14 September 2012 and around 8700 submissions were received. This includes around 8500 campaign submissions and around 170 non-campaign submissions. Many of the submissions are available to view on our web site. View the submissions.
About the RET review
The Renewable Energy (Electricity) Act 2000(Opens in a new tab/window) requires that reviews include assessment of the:
- operation of the Act and the Renewable Energy Target scheme
- operation of the regulations
- operation of the Renewable Energy (Electricity) (Large-scale Generation Shortfall Charge) Act 2000(Opens in a new tab/window)
- operation of the Renewable Energy (Electricity) (Small-scale Technology Shortfall Charge) Act 2010(Opens in a new tab/window), and
- diversity of renewable energy access.
What is the Renewable Energy Target?
The Renewable Energy Target creates financial incentives to promote the deployment of renewable energy. It operates in two parts, as the Large Renewable Energy Target (LRET) and the Small-Scale Renewable Energy Scheme (SRES).
The then Minister for Climate Change and Energy Efficiency sent a letter to the Climate Change Authority on 13 July 2012 in relation to the Renewable Energy Target review.
The Council of Australian Governments' Select Council on Climate Change has provided its report to the Climate Change Authority as input to the Authority's review of the Renewable Energy Target.