RET Contribution<\/h2>\r\n\r\n\r\n\r\nAdditionally, this great achievement falls in line with the government’s Renewable Energy Target (RET). The aim is to reduce emissions from the electricity sector and achieve a minimum of 20% of energy coming from renewables by 2020. A short few weeks away. The commitments made by the government for solar renewable sources of power is to supply 33,000 gigawatt-hours (over 23.5%) of Australia’s power by 2020. Minister Frydenberg has secured in the 23.5% sustainable power source focus by 2020.<\/p>\r\n\r\n\r\n\r\n
RET has two schemes, The Large-Scale RET and the Small-Scale RET scheme. The Large-scale RET financially supports the creation and expansion of new renewable energy power stations (for example, solar or wind). While the Small-scale RES creates a financial incentive for small businesses to install eligible small-scale renewable energy sources such as residential solar panels. Moreover, it is expected that the larger-scale RET will make up most of the energy sources needed, by 2020.\u00a0<\/p>\r\n
By having more than half of the National Grid demand met by renewable sources of energy, we can foreshadow positive movements towards long term clean energy consumption.<\/p>\r\n\r\n\r\n\r\n
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