Projections show that Australia is on track to meet its Paris target emissions reduction targets of 5 per cent below 2000 levels by 2020 and is targeting 26–28 per cent below 2005 levels by 2030.
The Renewable Energy Target – or RET - is a legislated scheme designed to increase the market share of renewable energy generation technologies.
Wholesale electricity in eastern and southern Australia is traded through the National Electricity Market - the world’s longest interconnected power system.
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