30 Dec '14, 3pm

Renewable Energy Review: Australia Courtesy of

Renewable Energy Review: Australia Courtesy of

Since 2003, global consultancy Ernst & Young has released its Country Attractiveness Indices, which ranks global renewable energy markets by analyzing investment strategies and resource availability. The indices are updated on a quarterly basis and the most recent report can be found here . Here is the firm’s assessment of Australia. Changing Fortunes The Liberal Party election victory of September 2013 looked set to change the face of Australian renewables forever . With the new government setting a series of legislative and program overhauls in motion to remove and reduce subsidies and following reports that the Australian generation sector has enough capacity for over 10 years, an environment of uncertainty has emerged following the repeal of the carbon tax bill in June. The Government has not yet released its final decision on the Renewable Energy Target (RET), a decis...

Full article: http://www.renewableenergyworld.com/rea/news/article/2014...

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