The government’s existing renewable energy target peaks in 2020, but continues through to 2030. Alan Finkel, the chief scientist, recommended in his review of the national electricity market that government adopt a clean energy target from 2020, to continue in perpetuity. He will say a bipartisan deal could create the conditions for the construction of a new coal-fired plant during the “valley of death” when renewable investment pauses between the cessation of the existing renewable energy target, and the beginning of the clean energy target. The advice from AEMO is a critical input for the government in determining the final scope of its energy policy. The jockeying over energy policy coincides with the resumption of federal parliament on Monday for a fortnight.

Source: The Guardian September 03, 2017 18:00 UTC