Power Punters Face $billions in “Fines” as Mandatory RET Deemed “Doomed to Fail”

**** In our earlier posts (here and here) we outlined the fact that – under the mandatory Renewable Energy Target – retailers are fined $65 per MWh for every MW they fall below the mandated 41,000 GWh annual target: what’s called the “shortfall charge” – follow the links here and here. With less than 23,000 […]