Page 54-55 - GRO_Winter_2012

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GLOBAL RENEWABLES ONLINE - WINTER 2012/13
The policy is proven and has
been highly successful in developing
Australia’s renewable resources. It will
continue to be the primary support
mechanism for the Australian renew-
able energy industry.
Hydro Tasmania CEO Roy Adair
particularly welcomed the Author-
ity’s findings on the Large-scale RET
(
LRET) and the importance of main-
taining the target at 41,000GWh.
The LRET will continue to drive
investment and jobs throughout rural
and regional Tasmania and Australia,
as well as contributing to energy se-
curity and greenhouse gas abatement
in the Australian energy sector,” Mr
Adair said.
The RET is a key driver for in-
vestment in wind farms as well as for
the refurbishment and upgrade of our
existing hydro plant.
The $395 million, 168 megawatt
Musselroe wind farm under construc-
tion in north-east Tasmania is one ex-
ample of a project supported by the
LRET.
Hydro Tasmania has always
been a strong supporter of the RET
and we congratulate the Climate
Change Authority for its work dur-
ing the review and for recognising the
importance of policy stability for Aus-
tralia’s renewable energy industry.”
Source:
HYDROPOWER NEWS