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  • Australian renewable energy policy: Barriers and challenges

    Author(s)
    Byrnes, L
    Brown, C
    Foster, J
    Wagner, LD
    Griffith University Author(s)
    Wagner, Liam D.
    Year published
    2013
    Metadata
    Show full item record
    Abstract
    Effective policy and regulatory frameworks are paramount to incentivising the deployment of renewable energy to achieve long term reductions in carbon emissions. Australia's renewable energy policy has taken significant steps towards encouraging the deployment of lower-emission energy generation. Significant policy barriers still exist at the federal and state levels, however, which have reduced the effectiveness of a concerted national effort to deploy renewables. The current policy landscape has favoured mature technologies which present the lowest investment risk at the expense of emerging options which may present greater ...
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    Effective policy and regulatory frameworks are paramount to incentivising the deployment of renewable energy to achieve long term reductions in carbon emissions. Australia's renewable energy policy has taken significant steps towards encouraging the deployment of lower-emission energy generation. Significant policy barriers still exist at the federal and state levels, however, which have reduced the effectiveness of a concerted national effort to deploy renewables. The current policy landscape has favoured mature technologies which present the lowest investment risk at the expense of emerging options which may present greater efficiency and emissions reduction gains. The lack of support for emerging technologies delays their effective deployment and the accumulation of highly skilled human capital, until the medium to long term. This paper outlines the key policy frameworks, incentives and regulatory environment which encompasses the renewable energy sector, and presents a critical analysis of the barriers faced by the industry.
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    Journal Title
    Renewable Energy
    Volume
    60
    DOI
    https://doi.org/10.1016/j.renene.2013.06.024
    Subject
    Mechanical engineering
    Environment and resource economics
    Publication URI
    http://hdl.handle.net/10072/69103
    Collection
    • Journal articles

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