Victoria blasts through renewable energy target
The Victorian Government has announced it will auction off more than 900 megawatts of renewable energy as part of the Victorian Renewable Energy Targets (VRET).
The VRET was initially expected to deliver at least 650MW of renewable energy, but has generated almost an additional 45% more than anticipated.
Premier Daniel Andrews and Minister for Energy Lily D’Ambrosio visited the Ararat Wind Farm to announce the six successful projects that will produce enough electricity to power 646,273 households.
Together, these projects will generate $1.1 billion of economic investment in regional Victoria and create more than 900 jobs, including 270 apprenticeships and traineeships.
The winning projects are:
Berrybank Wind Farm west of Geelong, which will produce 180MW
Carwarp Solar Farm south of Mildura, which will produce 121.6MW
Cohuna Solar Farm north-west of Echuca, which will produce 34.2MW
Dundonnell Wind Farm north-east of Warrnambool, which will produce 336MW
Mortlake South Wind Farm south of Mortlake, which will produce 157.5MW
Winton Solar Farm near Benalla, which will produce 98.8MW
The 928MW of power produced by these projects is expected to drive a 16 per cent reduction in Victoria’s electricity sector greenhouse gas emissions by 2034/35.
The State Government anticipates that the VRET will generate 25% of the state’s electricity comes from renewable sources by 2020, increasing to 40% by 2025. It is expected the targets will drive around $9 billion of investment and create more than 11,000 jobs over the life of the scheme.