Offshore Wind Powering Tender

Cheaper more reliable power is on the way for even more Victorian householdsAustralias first offshore wind auction is now live creating thousands of new jobsMinister for Energy and Resources Jaclyn Symes today opened the Request for Proposal process for Victorias first two gigawatts GW of offshore windThis will provide enough energy to power around 15 million homes each yearVictoria has some of the best offshore wind resources in the worldMaking the most of them will add large amounts of new renewable energy to the grid as the states ageing and increasingly unreliable coalfired generators retireOffshore wind will complement Victorias growing solar onshore wind and storage helping keep the lights on and put downward pressure on power billsProjects can now bid for contracts and will be assessed on value for money deliverability and benefits for local workers businesses and communitiesSuccessful projects will move towards investment construction and operation ensuring Gippsland continues its proud history as an energy powerhouseContracts are expected to be integrated into the national Electricity Services Entry Mechanism ESEM providing a pathway towards Victorias target of nine GW of offshore windThe auction will close in August 2027 with contracts expected to be awarded in 2028Victorias record investment in renewables is delivering the lowest wholesale power prices in the country Adding more cheap renewable energy will keep driving prices downRenewables accounted for 45 per cent of the states total electricity generationLabors plan for the energy transition will create 68000 jobs in Victoria by 2040 with 37 percent of those flowing into regional areas To learn more visit energyvicgovaurenewableenergyoffshorewindenergy Quotes attributable to Minister for Energy and Resources Jaclyn SymesThis auction is a giant leap towards getting Australias first offshore wind projects built attracting billions in investment creating thousands of jobs and delivering the reliable power we need as coal retiresVictoria has some of the best offshore wind resources in the world This auction is about harnessing that advantage and building the next generation of energy right here in VictoriaJess Wilsons One NationLiberal Coalition want to rip up energy projects without a real plan to keep the lights on while were getting on with building the energy Victoria needs for the future






260826 Offshore Wind Powering Aheadpdf

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