THE FUTURE of four proposed wind farms worth an estimated $1.68 billion hangs in the balance after the release of the findings of a Federal Government initiated review into the Renewable Energy Target (RET).
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The review has recommended either reducing or abolishing the RET altogether, which if adopted by the Federal Government would almost certainly spell the end to wind farm technology, as we know it, across the region.
The Ararat Wind Farm is shovel ready and with construction due to commence in November, it would have seen wind turbines spring up across the Ararat Rural City municipality.
Other proposed projects at Crowlands, Bulgana and Stockyard Hill, which would also have benefited the Northern Grampians and Pyrenees shires, are now in doubt.
Ararat Rural City Mayor, Cr Paul Hooper said the review's findings are disastrous for the industry and our region as a whole.
"If the Federal Government accepts either of these recommendations there are no ifs, buts or maybes to it, the projects are dead in the water," he said.
The review has made two key recommendations. They are that the Abbott government either limit the RET to new entrants - which is effective to the immediate abolition of the scheme or cut the fixed 41-terawatt-hour RET by up to 60 per cent.
Cr Hooper said he doesn't understand the logic behind either of the arguments put forward in the review and is incredibly disappointed with its findings.
"I am shattered for the community groups that would have benefited from the grants that flow from these types of projects and I am shattered for the landowners who won't be able to continue with their succession plans," he said.
"As a council this makes our task much tougher, it means we have to look elsewhere to add to our rate base, a burden that is ultimately borne by all of our ratepayers."
Cr Hooper has also hit out at the Federal Government's apparent failure to come to the table and negotiate.
"The Federal Government has refused to engage with us throughout this entire process," he said.
"I've been writing, trying to set up meetings and advocate on behalf of the community but the Federal Government won't engage with us. They are treating the community with contempt."
Last month, a 100 strong crowd at Crowlands were left disappointed by Federal Member for Wannon, Dan Tehan's failure to to rule out cuts to the Renewable Energy Target.
At the time Mr Tehan said it was the Federal Government's responsibility to ensure 'that jobs in one industry don't come at the expense of jobs in another industry'.
"I am still open to meet with anyone, anywhere, anytime to discuss our case," Cr Hooper said.
Victorian Greens leader Greg Barber said at present there are 18 approved wind farms across the state on hold.
"The uncertainty created by the RET review has stalled development, with billions of investment and thousands of jobs likely to go if the recommendations from this report are implemented," he said.
"It will not only grind the wind farm industry to a halt but bankrupt existing renewable energy generators."
National Coordinator for the Australian Wind Alliance, Andrew Bray said vital economic opportunities will go begging and power prices will rise if the government accepts either of the recommendations of the RET review.
Mr Bray said modelling completed for the the panel by ACIL Allen found that cutting the RET will drive power prices up after 2020.
"There is no benefit to the consumer from cutting the RET so why would you threaten a policy that's delivering jobs and reducing emissions at the same time?" he said.
"Any cuts to the target increase the risk that power bills will be driven higher by spiraling gas prices in coming years.
"The government should be returning certainty to clean energy investment by leaving the 2020 target alone and increasing investment out to 2030."
Friends of the Earth renewable energy spokesperson, Leigh Ewbank said adoption of either of the recommendations would be a disaster for jobs and investment in the Ararat Rural City and Northern Grampians region.
"The renewable energy sector promises thousands of jobs at a time when national unemployment has hit a 12-year high," he said.
"The RET review is out of touch with the views of Australians. It ignores the community's aspirations for a clean energy future."