Scaleback of Renewable Energy Target will damage large wind farm businesses in South Australia
Snowtown wind farm operator Trustpower fears federal RET cut ABC News 2 Nov 2014 One of Australia’s biggest wind farm operators says investment in the sector will be threatened if the Renewable Energy Target (RET) is cut substantially.
Stage two of the nation’s second-largest wind farm was officially opened in South Australia on Sunday at a time when the Federal Government is keen to scale back the RET.
There are now 137 turbines dotting the Barunga and Hummocks Ranges across almost 30 kilometres of the state’s mid-north and capable of generating enough power for 180,000 properties.
The turbines are on the properties of 24 local landowners.
The wind farm’s operator Trustpower is worried future investments across Australia is under threat because the Federal Government is keen to scale back the legislated RET……..
The South Australian Government said other energy projects such as the $1.5 billion Ceres wind farm project on Yorke Peninsula would be adversely affected if the federal RET were cut. http://www.abc.net.au/news/2014-11-03/expanded-snowtown-wind-farm-fears-federal-ret-cut/5861930
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