Renewables hit by an irrelevant debate

Talk on the renewable energy target has been hijacked by the notion of a "real" 20 per cent. Dig a little deeper however, and a real 20 per cent is actually very hard to define. So why are we even having this debate considering the recent findings of the Climate Commission and the IEA?

Over the last few months we’ve had a rather heated argument about whether the renewable energy target should be reduced to reflect what is termed by Origin Energy as a “real” 20 per cent market share, which they argue would match the original policy intent.

But when you delve into the detail, nailing down precisely what is a “real” 20 per cent is not as straightforward as you might think. This may seem odd but there is an array of different ways you can define the size of the market.


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