ACT SETS 90% RENEWABLE ENERGY TARGET IN LAW
Minister for the Environment and Sustainable Development, Simon Corbell, has today announced the formal establishment in law of a 90% renewable energy (electricity) target for the ACT to be achieved by 2020.
"The renewable energy target will see 90% of electricity used in the ACT in 2020 coming from renewable energy sources, such as solar, wind or biomass, reducing our greenhouse gas emissions by around 1.5 million tonnes in that year" Mr Corbell said.
"The 90% renewable energy target was foreshadowed in the ACT climate change policy, AP2, and will underpin efforts to achieve our greenhouse gas reduction targets.
Large-scale renewable energy projects announced to date include the FRV's 20MW Royalla Solar Farm, Zhenfa's13MW Mugga Lane Solar Park and the 7MW OneSun Capital Solar Farm.
"These developments, subject to planning approval, will position the ACT as Australia's Solar Capital and a national leader in solar innovation and investment.
While the removal of a carbon price will increase the cost of renewable energy to the ACT community this will be offset by recent technology and development cost reductions.
"We expect the cost of achieving the 90% renewable energy target to peak at around $5 per household per week in 2020. Even with this commitment to renewables Canberra is likely to maintain the lowest electricity prices in Australia.
Under the Government's Climate Change Strategy (AP2), energy efficiency, sustainable transport and enhanced waste management projects are also being pursued as a priority saving a further 550,000 tonnes of emissions in 2020.
"Addressing climate change requires a global commitment to stabilise greenhouse gas concentrations in the atmosphere, and is a shared responsibility that all countries and communities must embrace," said Mr Corbell.
AP2 was released in October 2012 with implementation well underway, a progress update is provided online at www.environment.act.gov.au/climate_change/ap2
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Section: Simon Corbell, MLA | Media Releases