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posted on:
June
15
2016

Vic sets renewables target for 2020 and 2025

 

Source: The Age, 15 June 2016


Victoria would have 40 per cent clean electricity in less than a decade – nearly tripling the current level – under an ambitious plan announced by the Andrews government.


It estimates that, at the peak of construction in the middle of the next decade, there will be about 4000 workers helping to build the target's 5400 megawatts capacity of clean energy.


In a statement, Premier Daniel Andrews said meeting the targets - 25 per cent by 2020 and 40 per cent by 2025, up from 14 per cent today - would bring about $2.5 billion of clean energy investment into the state.


"The world is shifting to renewable energy. It creates jobs, drives growth and protects our environment, and Victorians want to be at the forefront," he said.


The government estimates the policy will push up electricity bills $26-30 a year, averaged over the next two decades.


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