The recent government shuffle has been welcomed by Australia’s renewable energy industry, which says it is looking forward to working with new Energy and Resources Minister, Josh Frydenberg.
Clean Energy Council Policy Manager Darren Gladman said Malcolm Turnbull's aim to increase the agility of Australia’s economy to leverage new opportunities and embrace change was extremely positive.
“The last decade has already seen great change in the way we produce and use energy across the globe,” Mr Gladman said.
“Newer technologies such as rooftop solar power have disrupted traditional energy business models and smarter infrastructure has helped people make more efficient use of energy. This cycle of disruption is only going to accelerate as new technologies help to bring down the cost of energy for everyone."
Mr Gladman believes Australia is well placed to take advantage of these changes and is looking forward to working with Minister Frydenberg. He said comments by the Minister show that he recognises the growing economic contribution of clean energy like wind, solar, bioenergy and energy efficiency.
“We are also looking forward to continuing our relationship with Environment Minister Greg Hunt, whose support was critical in restoring bipartisan support to the national Renewable Energy Target (RET)," Mr Gladman said.
“Australia has some of the best renewable energy resources in the world, and we believe the new Cabinet can see the job and investment benefits of these newer forms of energy for rural and regional areas of the country.
“Clean energy generated US$310 billion in investment around the world last year, and we will be working with the government to attract as much of that benefit to Australia’s economy as possible. Under the RET, the amount of renewable energy across the country will approximately double over the next five years. It’s an exciting time to be working in this industry."