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RENEWABLE ENERGY TARGET (3) answer(s).
 
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1
ID:   096646


Design limitations in Australian renewable electricity policies / Buckman, Greg; Diesendorf, Mark   Journal Article
Buckman, Greg Journal Article
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Publication 2010.
Summary/Abstract Renewable electricity is pivotal to the medium and long-term reduction of Australia's greenhouse gas (GHG) emissions, if deep cuts in them are eventually implemented. This paper examines the effectiveness of the principal existing policies that could potentially promote the expansion of renewable electricity (RElec) in Australia: the expanded Renewable Energy Target (RET); the proposed emissions trading scheme (ETS); and the state and territory-based feed-in tariffs. We find the effectiveness of RET is severely eroded by the inclusion of solar and heat pump hot water systems; by the inclusion of 'phantom' tradable certificates; and by high electricity consumption growth. We also find that the ETS will not produce a high enough carbon price to assist most RElec technologies before 2020; and that most of the feed-in tariffs exclude large-scale RElec and will give little assistance to small-scale RElec because they are mostly net tariffs. Unless there is a major revision of its RElec policy mechanisms, Australia will fail to reach its renewable electricity target and in particular will fail to build up its solar generation capacity which could be a major source of future deep cuts in the country's electricity generation emissions.
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2
ID:   097480


Design limitations in Australian renewable electricity policies / Buckman, Greg; Diesendorf, Mark   Journal Article
Buckman, Greg Journal Article
0 Rating(s) & 0 Review(s)
Publication 2010.
Summary/Abstract Renewable electricity is pivotal to the medium and long-term reduction of Australia's greenhouse gas (GHG) emissions, if deep cuts in them are eventually implemented. This paper examines the effectiveness of the principal existing policies that could potentially promote the expansion of renewable electricity (RElec) in Australia: the expanded Renewable Energy Target (RET); the proposed emissions trading scheme (ETS); and the state and territory-based feed-in tariffs. We find the effectiveness of RET is severely eroded by the inclusion of solar and heat pump hot water systems; by the inclusion of 'phantom' tradable certificates; and by high electricity consumption growth. We also find that the ETS will not produce a high enough carbon price to assist most RElec technologies before 2020; and that most of the feed-in tariffs exclude large-scale RElec and will give little assistance to small-scale RElec because they are mostly net tariffs. Unless there is a major revision of its RElec policy mechanisms, Australia will fail to reach its renewable electricity target and in particular will fail to build up its solar generation capacity which could be a major source of future deep cuts in the country's electricity generation emissions.
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3
ID:   166430


Why Ghana will not achieve its renewable energy target for electricity. Policy, legal and regulatory implications / Obeng-Darko, Nana Asare   Journal Article
Obeng-Darko, Nana Asare Journal Article
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Summary/Abstract The Republic of Ghana aims to develop and utilise renewable energy and energy efficiency technologies to achieve a 10% penetration of national electricity production by 2020. The government also aims to achieve a 100% national electrification with renewable energy identified as the catalyst for achieving this policy goal. The situation however is, as of December 2017, Ghana has been able to achieve a 0.5% penetration rate of electricity from renewable energy sources in its total generation mix. This paper argues that Ghana is unable to reach its renewable energy target of 10% by 2020 given that it needs to integrate 9.5% of renewables from 2018 to 2020 whiles it has only been able to achieve 0.5% penetration rate since 2006. Legal and regulatory issues such as lack of legislative instruments by regulatory agencies incumbent upon achieving the renewable energy policy target, lack of independence of institution structure and the lack of regulatory assessment are some of the key reasons behind this argument. The implication of these issues is that, investors lose confidence in the government's ability to maintain and achieve both current and future renewable energy policy goals. Investors become uncertain and this leads to underinvestment in renewable projects and subsequently, failure in achieving renewable energy targets.
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