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Origin shelves wind farm, pending review 

Credit:  By a staff reporter | February 21, 2014 | www.theaustralian.com.au ~~

Origin Energy will delay a decision on its $900 million Stockyard Hill wind farm in Victoria until after the release of the review of the Renewable Energy Target, Fairfax Media reports.

The review, being headed by climate change sceptic Dick Warburton, a former Reserve Bank board member and head of industry group Manufacturing Australia, will review the mandated 41,000 GWh target by 2020 and report to the government mid-year.

”The project is ready to go,” Origin Energy’s managing director Grant King said, according to Fairfax, ”but it depends on the RET review.”

Mr King said the company was holding enough renewable energy certificates that it was able to limit the build of new clean energy projects until beyond 2020, Fairfax reports, with Stockyard Hill being able to be pushed back from a 2017 start to after 2020.

Source:  By a staff reporter | February 21, 2014 | www.theaustralian.com.au

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

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