Victoria Premier Daniel Andrews has promised the country’s biggest renewable energy storage capacity target, setting his sights on 6.3 GW by 2035.
Victoria has increased its renewable energy storage capacity target to 6.3GW by 2035 as it strives for enough renewable energy to power half the state’s current homes at peak energy use.
It will also spend $38.2 million on four clean energy projects, including $19.3 million for two bioenergy projects at farms in Gippsland and Barwon, as well as $11.9 million for Yarra Valley Water to install an electrolyser to make renewable hydrogen using recycled water in Wollert. “The 2020 targets – we smashed those. And we are keen to not only meet our 2030 targets but if we can exceed them then obviously that’s a good thing for jobs, households and the planet.”“Money on the table – that sends the clearest and best message to private-sector investors just to be part of this important transformation for our energy – from expensive dirty energy through to a clean energy, low-cost future,” he said.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Victoria promises Australia’s biggest renewable energy storage targetsThe Victorian government has promised to set the most ambitious renewable energy-storage targets in Australia, saying it would be capable of powering about half of the state’s current homes at their peak energy use. | perkinsmiki and Jackson Graham
Read more »
Victoria pledges nation’s most ambitious renewable energy storage targetsAndrews government says by 2035 it wants enough storage capacity to power half the homes in the state
Read more »
EuroMillions lottery: UK winner picks up £171m jackpotTicket holder comes forward to become UK’s third biggest lottery winner of all time
Read more »
Europe holds its breath as Italy prepares to vote in far-right leaderCoalition led by Giorgia Meloni would be country’s most radical government since Mussolini
Read more »
Health insurance rates are increasing, but here’s how to soften the blowHealth insurance usually goes up in April, energy bills usually go up in January or July, depending on your state. If interest rates change, they usually do so slowly and steadily. But not this year. | OPINION by Joel Gibson
Read more »