Weaning solar and wind off the government teat | Business Spectator

Are wind and solar now at the point of cost-competitiveness versus fossil fuels where it’s really time to cut them off government support?

It might be getting to a point where we need to seriously consider this question.

Both AGL and the Australian Industry Group in their submissions to the review of the Renewable Energy Target have entirely legitimately raised the issue that some renewable energy technologies are at a point, or a close to a point, of cost-competitiveness where they just don’t need a government leg-up.

For AGL, it argues the small-scale renewable energy target, or SRES, should be closed because it believes solar PV is now a financially attractive proposition for many households without receiving the SRES rebate discount.

 

Weaning solar and wind off the government teat | Business Spectator.