Original article by Kylar Loussikian, Sid Maher
The Australian – Page: 1 & 4 : 1-Nov-16

Australian Industry Group CEO Innes Willox warns that a sharp rise in the spot price of large-scale generation certificates could result in a 1-2 per cent increase in electricity bills for households and businesses. He attributes the rise in the spot price to concern that growth in renewable energy supply will not be sufficient to meet the Federal Government’s Renewable Energy Target. This requires the proportion of electricity generated by renewables to rise from 12.75 per cent at present to 23.5 per cent by 2020. Some states have more aggressive renewable energy targets.

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