Australia drops target for renewable energy

The Australian government has dropped its plan to have 42 percent renewable energy by 2030 and will also cut funding for solar and wind power from 2020.

Photo: Vestas

Solar and wind power face an uncertain future in Australia.

The conservative government states in its new energy strategy, National Energy Guarantee (NEG), that the country is abandoning its target for 42 percent of Australia's electricity to be covered by renewables by 2030, while subsidies for solar panels and wind farms will be terminated from 2020.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Glencore books huge profit from gas crisis

The exorbitant natural gas prices have led several countries to reverse course on coal. This has served to benefit mining company Glencore, which, unlike competitors, has decided not to cut down on coal production.

Pelosi's Taiwan visit could impact Tesla's battery supplies

According to Bloomberg, the Chinese government has interfered with Chinese battery manufacturer CATL’s plans to build a factory in the US. A decision on where to build the factory has reportedly been postponed due to Nancy Pelosi’s visit to Taiwan. Updated.

Further reading

Related articles

Latest News

See all jobs