We have developed a potential growth trajectory and five indicators to track progress towards achieving the 2020 target.
The growth trajectory assumes the legislated target is achieved in 2020 and sets out the expected large-scale renewable energy generation required to meet this outcome (Graph 10). The trajectory is only one possible pathway to meet the target. It will be adjusted each year based on actual committed and accredited capacity. Inputs and assumptions for this trajectory have been independently reviewed by ACIL Allen Consulting and found to be fit for purpose. More detail on the 2015 trajectory is available in Appendix D.
The trajectory shows the following:
Note: Existing generation refers to generation from accredited power stations and projects committed in 2015. Total new generation refers to generation from projects committed post 2015 and is presented as a cumulative amount.
The indicators draw on data from the 2015 calendar year. While each indicator is presented separately (Table 2), in reality each indicator can influence, or be influenced by, one or more of the other indicators. Combined, the indicators provide an insight into the performance of the market in 2015 and its growth towards the 2020 target.
Note: Capacity accredited relates to total capacity of a renewable power station, not the capacity commissioned in that year. Windfarms can take up to two years until they are fully commissioned.
Further information on the objectives, administration and achievements of the Large-scale Renewable Energy Target in 2015 is in chapter 4 of this report from the Large-scale Renewable Energy Target page:
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