Renewable energy & efficiency start ups see opportunities on horizon

In March, Yes 2 Renewables jumped on the train to Brighton to meet Richard Martin, managing director of AEES Group–a renewable energy and efficiency company founded in 2014.

We wanted to get the company’s take on the Andrews government’s forthcoming Renewable Energy Action Plan as find out what drew the firm to enter the renewable energy sector during the incredibly tough period between 2013 and 2015.

AEEG Group installs integrated renewable energy/efficiency systems specific to commercial clients. Each project is catered to onsite electricity demand and incorporates peak demand management.

The company’s handiwork can be found Australia wide, but closer to home at Kathmandu’s new distribution centre in Truganina in the western suburbs of Melbourne.

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The 100KW solar photovoltaic system atop the centre will produce 213 megawatt hours of clean electricity annually, helping the firm avoid the production of 140 metric tonnes of carbon dioxide.

What policy drivers helped the firm set up shop?

“The Federal Government’s Small-Scale Renewable Energy Scheme (SRES) and the Large-Scale Renewable Energy Target (LRET) have both been important to AEES Group’s services,” explained Richard Martin.

But with the Federal government taking the axe to the national Renewable Energy Target, slashing the scheme by 20 percent in 2015, leadership from the state government is needed to create new business opportunities.

A Victorian Renewable Energy Target will create certainty for investors about the direction of our energy system.

“One of the preferred outcomes of the VRET would be increasing stability for the renewable energy industry,” explained Richard, “as that would facilitate investment and growth.”

AEES Group is also looking to the state government to push the envelope on energy efficiency policy.

“A beneficial result of this would be the decreased cost of renewable energy technologies,” Richard told Yes 2 Renewables.

“We would like to see strong policy support for energy efficiency systems and technologies… [It’s] a powerful mechanism for reducing the financial cost of electricity consumption and the amount of carbon emissions produced by businesses.”

Now that’s a win-win.

The Andrews government’s soon-to-be-releases Renewable Energy Action Plan will set VRETs for 2020 and 2025. If you’d like them to be ambitious, then here are a few simple steps you can take to support our campaign…


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