Renewable Energy
Overview
Renewable energy is one of Australia's fastest growing markets.
A major catalyst for the growth in renewable energy is the international treaty to reduce greenhouse gas emissions—the Kyoto Protocol. As a result, up to $4 billion of new investment will be required to fulfil the Australian Government's renewable energy target of an additional 9500 GW hours of renewable energy being generated by 2010.
We recognise the need to capture this significant business opportunity in the global market for green power and have been involved in domestic and international renewable energy projects. We are well placed to advise all participants in the renewable energy market and have a proven track record in this emerging area.
Our experience has included advising on:
Renewable energy is one of Australia's fastest growing markets.
A major catalyst for the growth in renewable energy is the international treaty to reduce greenhouse gas emissions—the Kyoto Protocol. As a result, up to $4 billion of new investment will be required to fulfil the Australian Government's renewable energy target of an additional 9500 GW hours of renewable energy being generated by 2010.
We recognise the need to capture this significant business opportunity in the global market for green power and have been involved in domestic and international renewable energy projects. We are well placed to advise all participants in the renewable energy market and have a proven track record in this emerging area.
Our experience has included advising on:
- the Renewable Energy (Electricity) Act 2000 (Cth) and related legislation
- operation of the future green energy market and the process for trading renewable energy certificates (RECs)
- energy retailers' requirements to surrender RECs to the Renewable Energy Regulator
- various funding programs put in place to promote the development of renewable energy projects to achieve the Australian Government's renewable energy target (including the Renewable Energy Commercialisation Program and the Renewable Remote Power Generation Program).