The Australian government has recently introduced reforms into the country's legislation to support the newly set renewable energy target (RET) of 20% renewable energy by 2020.

The new reforms make a distinction between small scale solar PV and solar water heating technologies and large scale renewable energy projects. It is these large scale RE projects that are expected to allow the country to reach the set renewable energy goal set for 2020.

One of the major global renewable energy companies, Vestas, expressed great content over the Australian government's announcement about the reforms, stating the changes will give investors confidence to invest into the Australian renewable energy sector, emphasizing large wind energy projects, being first and foremost a wind energy development company.

The revised legislation is not yer in effect, as it needs to appear before the Australian parliament in winter (June/July). Vestas is working with the Australian government on the details of the revised legislation, hoping to achieve a start of major wind energy developments in Australia during 2010.

Other renewable energy developments in Australia include geothermal and solar energy. The country also has significant marine energy resources as well, and with the development of this renewable energy sector, we may be seeing marine energy harvesting technology installed in Australia soon.

[image: Cristina Archer (Stanford University)]