On 16 September 2010, the Ministerial Council on Energy (MCE) requested advice from the Commission on the impact of the enhanced Renewable Energy Target (RET) on energy markets. Advice was requested on the impact of the enhanced RET on:
- The price of electricity for retail customers;
- The level of emissions; and
- The security and reliability of the electricity supply.
On 25 November 2011, the AEMC provided an updated Interim Report and a Final Report to the MCE. These reports and supporting consultant reports have now been published.
The Interim Report and Final Report include modelled outcomes out to 2020 for both components of the enhanced RET - the Large Scale Renewable Energy Target and the Small Scale Renewable Energy Scheme.