%T Benefit of the Renewable Energy Target to Australia's energy markets and economy




%I SKM MMA
%D 2012

%K Economics, %K Markets, %K Climate change, %K Power resources, %K Industries



%U https://apo.org.au/node/31632

%X This report argues that Australia's 20 per cent Renewable Energy Target has delivered $18.5 billion in investment, with the potential for $18.7 billion more if the policy is retained in its current form.

A target mandating the purchase of new renewable energy generation by retailers has been in operation in Australia since 2001. The Renewable Energy Target (RET) scheme is being reviewed by the Climate Change Authority this year.
To inform this review, the Clean Energy Council engaged the consultancy firm SKM MMA to undertake an analysis to:
%9 Report