The Australian Wind Energy Association Clean Power' Clean Air'

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The Australian Wind Energy Association Clean
Power. Clean Air.

• Australian Wind Energy Market Update
• Andrew Richards
• President, Auswind
• EWEC 06
• Athens

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Growth and development of the Australian wind
energy industry

• Australian wind energy capacity cumulative
  growth 2001-2005

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Current industry status
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Competitive Market

• In Australia, wind energy projects create two
  commodities energy and renewable energy
  certificates (RECs)
• Both are subject to a national, open access,
  highly competitive market
• Australia produces some of the cheapest wind
  energy in the world (but competing against very
  cheap coal)

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Changing Australian marketplace 2005-06

• Sale of Southern Hydro to Australian Gas Light
  (AGL) for A1.425 billion
• Takeover battle between Investment Funds
  Management and Acciona for Pacific Hydro
• Babcock and Brown Wind Partners launched
  cleantech fund
• Hydro Tasmania and CLP Power Asia embarked on
  joint venture Roaring 40s Renewable Energy Pty
  Ltd
• Alinta positioning to take a great role in the
  sector

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Framework of Australian governments
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Australian Government Initiatives

• Primary market growth the Mandatory Renewable
  Energy Target (MRET)
• 2 target by 2010
• 1998 National Greenhouse Strategy
• 1.8 billion climate change strategy
• Renewable Energy Action Agenda
• Target of annual renewable energy sales of 4
  billion per annum by 2010
• 2004 White Paper on Energy and the Environment

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Asia-Pacific Partnership on Clean Development
and Climate

• Partnership announced in 2005 and inaugural
  meeting held in January 2006
• Australian Government committed 25 million for
  renewable energy projects over 5 years
• 4 of the 6 nations are already part of the top 10
  wind energy nations in the world
• 5 of the 6 nations are expected to unlock major
  wind energy potential by 2020
• Potential for renewable energy alliances with
  partnership nations

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Council of Australian Governments

• Recently launched its Plan for Collaborative
  Action on Climate Change.
• Agreed the need to reassess the Australian
  Agenda with a view to extending agreement on
  policy principles, planning faster more ambitions
  transition to sustainable low emissions and
  lifestyles and setting and agenda for action.
• Specifically asked for
• the completion by end 2006 of a national
  framework for the take up of renewable and low
  emission technologies,
• the completion by mid 2006 of an acceleration of
  existing work by Ministerial Councils on
  emissions reporting and development options for
  strengthened reporting approaches.

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State policy leaders

• Victoria
• 10 renewable energy target by 2010
• 1000 MW by 2006
• Market-based renewable energy scheme by January
  2007
• Wind Energy Support Package
• Renewable Energy Support Fund
• South Australia
• 20 renewable energy target by 2014 (increased in
  2006 from 15
• Australian leader of wind and solar power
  generation by 2014

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Current development

• Close to 6,000 MW of wind energy projects in
  feasibility stages of development
• These projects collectively generate
• 10 billion in capital investment
• 19 million in landholder lease payments
• approximately 8,000 jobs
• enough electricity for more than three million
  households

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