Victoria’s $146 million Renewable Energy Action Plan was launched today by Former United State Vice President Al Gore.
Mr Gore joined Victoria Energy Minister Lily D’Ambrosio on one of Melbourne’s iconic trams that will soon be powered by solar energy as part of the plan.
The plan also includes $48.1 million for renewable energy certificate purchasing, including powering Victoria’s tram fleet; $25 million to deploy grid-scale battery storage facilities in the west of Victoria by next summer; and $15.8 million for smart software system, solar and battery storage microgrid initiatives.
“This funding represents the most significant government investment in renewable energy in Victoria’s history,” Ms D’Ambrosio said.
“We need to ensure the new energy technology sector is equipped to create jobs, attract investment and grow the economy for the benefit of all Victorians – and we’re doing just that.
“The Renewable Energy Action Plan will help us deliver affordable, sustainable and reliable energy for Victoria.”
The Victorian Government has sett an ambitious renewable energy generation target of 25 per cent by 2020 and 40 per cent by 2025.
It has also established three pilot community power hubs in the Latrobe Valley, Ballarat and Bendigo to enable community groups to access renewable energy expertise and services.
Mr Gore joined Ms D’Ambrosio and senior representatives of other states and territories today to discuss the important role states play in transitioning our economy to net zero emissions by 2050, and explore opportunities for interstate collaboration.