Victoria launches USD-112m Renewable Energy Action Plan
Wind farm in Australia. Author: Steven Caddy. License: Creative Commons, Attribution 2.0 Generic
The government of the Australian state of Victoria on Thursday unveiled a AUD-146-million (USD 111.7m/EUR 97.8m) Renewable Energy Action Plan.
The plan, which sets out the actions the state government is taking towards ensuring a renewable, affordable and reliable energy system, was launched by former US vice president Al Gore and Victoria's energy and climate change minister Lily D’Ambrosio.
Key initiatives of the strategy include AUD 48.1 million for renewable energy certificate purchasing. This has already supported two wind farms totalling about 100 MW, while a second round of purchasing will back up to 75 MW of solar, 35 MW of which will power Melbourne's 410 trams.
The plan also includes AUD 25 million to deploy 40 MW of battery storage by January 2018. Another key initiative will see AUD 15.8 million invested in smart software system, solar and battery storage microgrid projects.
The plan follows the release in August 2015 of the state government's Renewable Energy Roadmap and the receipt of a range of feedback.