Committed to Renewable energy
The Northern Territory Government is committed to 50% renewable energy by 2030 for electricity supplied to Territory households and businesses, while at the same time ensuring secure and reliable electricity at least cost to consumers and taxpayers.
To help achieve this goal, the Government commissioned an expert panel to provide a report on possible policy options that may be suitable for the Territory. The panel’s report, was publicly released on 27 November 2017. It provided 11 recommendations to guide the Government to achieve the target. The Government supports or supports in-principle each of these recommendations.
The report also included a number of suggested actions for implementation against each of the recommendations.
To download the report and view Government’s response to the recommendations, click here.
Achieving more renewables in energy supply
Major economies around the world are repositioning industries and labour forces towards models of production driven by renewable energy sources, to mitigate emissions associated with non-renewable fuels, and to take advantage of the sectoral development opportunities and lower costs that renewables can deliver.
In recent years, this repositioning has resulted in a significant decline in the cost of renewable energy systems. Commercial scale renewable energy is increasingly competitive with conventional fossil fuel generation in wholesale markets, and small-scale renewable energy systems are providing consumers with cost-effective alternative electricity supply. The scalability of renewable energy systems such as solar photovoltaics and their lower capital costs is also presenting opportunities for non-traditional generator business models.
The capacity of Northern Territory electricity systems to accommodate increased capital investment, competition, technology disruption, decentralised generation, and higher levels of renewable energy generation capacity is not well understood. The optimal system and market designs may vary for different systems in the Northern Territory.
The Government will take a carefully considered approach to the implementation of its Roadmap to Renewables policy.
