After the falling of Tony Abbott, the mood among solar supporters to Prime Minister Malcolm Turnbull has turned from despair to optimistic.

In his triumphant speech after ousting Tony Abbott from the role of Prime Minister of Australia, new Prime Minister Malcolm Turnbull stressed the requirement in seeking out a replacement direction to secure Australia’s future economic prosperity.

Agility, disruption and innovation were the ideas he mentioned, in conjunction with the importance of Australian businesses having the ability to leverage the various opportunities within the changing world, instead of attempting to future-proof ourselves against it.

“Yesterday Mr Turnbull announced to the nation that he wanted to be the type of leader who ‘explains the challenges and how to seize the opportunities’, a leader who ‘respects the people’s intelligence’,” said Claire O’Rourke, National Director of Solar Citizens.

“We’re glad to hear it. Here on the sunniest continent on earth, the majority of Australians want to see more solar and renewables, not less. The Australian people want to harness our plentiful solar resources to power our economy, create jobs, cut electricity bills and leave a better world for our children.”

With a new leader of one of the sunniest countries on the planet, it makes sense that we use this to our energy benefits. Solar energy supporters are urging the public to email s Prime Minister Turnbull, asking him ‘Stand Up For Solar’; as well as a goal of 50% renewable energy by 2030.

The Australian Solar Council is desperately seeking a gathering with Malcolm Turnbull to see where the new government will stand on policy with reference to alternative energy.

“The Australian Solar Council welcomes Prime Minister Turnbull’s commitment to a strong, modern economy. Solar delivers jobs and has built thousands of small and medium sized businesses right around the country,” said CEO John Grimes. “The key question is this – will a Turnbull Government implement a strong positive solar policy?”

The Clean Energy Council says while there is still much uncertainty, there is cause for hope.

“It is no secret that our industry had a tough time under Prime Minister Tony Abbott. But Malcolm Turnbull has a much better track record when it comes to renewable energy,” said the CEC’s Chief Executive, Kane Thornton.

RenewEconomy’s Giles Parkinson says instant miracles shouldn’t be expected on climate change and renewable energy.

“Not a lot of change in the immediate term, one suspects, but a complete change in atmospherics, and of perspective, particularly in the lead up to Paris.”

These are hardly avant-garde statements, however they can give some hope to Australia solar entrepreneurs and start-up businesses. Our most prosperous business leaders are people who those who are  learning to navigate, evolve and respond in a world wherever the cycle of disruption is fast.
While it remains to be seen however the Prime Minister’s economic vision can play go into a policy sense, the message had deep resonance for Australia’s renewable energy sector. With the second mining boom over and therefore the worth of the many commodities at all-time low, this can be the type of business we’d like to create the Australian economy of the long run.

Rooftop alternative energy specially has been a unquiet technology within the energy sector over the last seven years, with near 1.5 million households putting in the technology, in conjunction with quite 15,000 businesses, and reasonable home energy storage is simply round the corner, which can disrupt the establishment even more.

Since the change of Prime Minister, there has been an enormous amount of noise and movement from various agencies trying to sing their song in front of Prime Minister Turnbull. What remains to be seen is whose act he wants to see more of.

While he settled into his new office, there are some things he must do to support the renewable energy business thus kick-starting many millions of dollars’ of investment from overseas companies in our solar energy.

Prime Minister Turnbull’s successful challenge has already created a streak of optimism within the solar sector, and we hope this will translate into business confidence if he publically supports the sector.

It is no secret that that the renewable energy industry endured a challenging and frustrating period under the former PM.  Australia’s miserly $240 million investment in large-scale renewable energy in 2014 was less than a tenth of 1 per cent of the global US$310 billion in investment on offer. It was a terrible year for a country that has some of the best renewable energy resources in the world, and a sector which is poised to provide a huge economic opportunity.  Behind the RET, 15,200 new jobs and $40 billion worth of investment are expected.

Renewable energy will be a “key part” of the Federal Government’s energy platform, the newly elevated Minister for Resources, Energy and Northern Australia Josh Frydenberg says.

Key Points:

Josh Frydenberg says renewables will be “key part” of energy policy

Renewable energy sector says comments are “extremely encouraging”

The industry has lost 88% of investment in past year

Former Prime Minister Tony Abbott was vocal in his opposition to the sector, describing wind farms as “visually awful” and saying he wished the Renewable Energy Target (RET) had never been introduced by the Howard government.

The industry, which lost 88 per cent of investment over the past year, amid uncertainty over the RET, had been hopeful the Government’s attitude would change under new Prime Minister Malcolm Turnbull.

Mr Frydenberg said that “clearly renewable energy is a key part of our energy platform”.

“I think wind farms, I think solar, I think they all have a role to play,” he said.

Mr Frydenberg was asked if describing renewable energy as a “key platform” represented a u-turn for the Government.

” What I’m saying is that we as a Coalition Government have entered into a bipartisan agreement with the Labor Party, on a 23.5 per cent renewable energy target by 2020, this will see a doubling of large scale renewable energy,” he said.

“I’m saying that we have a commitment to renewable energy, that existed under the Abbott government and will exist under the Turnbull Government”.

The potential of this promising sector clearly aligns with the economic aspirations the new Prime Minister has outlined, and we are looking forward to a more supportive approach that will attract the multi-billion dollar private investment that the rest of the world is realising from renewable energy.

About Craig Donohue

Subscribe To Our Newsletter 

Duis pharetra justo quis diam imperdiet rhoncus. Vestibulum ante ipsum primis in faucibus

orci luctus et ultrices posuere cubilia.