The Australian renewable energy industry faces a colossal threat of sudden extinction. Last week, the Renewable Energy Certificate (REC) price dived to AU$23 after spending recent months hovering at AU$38. This is well below the AU$50/REC enjoyed only four months ago, and poses severe problems for the renewable energy industry, writes Warwick Johnston of SunWiz consulting.
30 October, 2009
As an early convert to renewable energy as a business, the founder of Ernst & Young’s renewable energy, waste and cleantech unit - and originator of the Ernst & Young Country Attractiveness Indices - Jonathan Johns, looks at what the recession really means for renewables, and where we go from here.
13 October, 2009