State of Victoria Passes Ambitious Renewable Energy Law

Image: TUBS (CC BY-SA 3.0)Image: TUBS (CC BY-SA 3.0)
While the Australian government does not want to commit to renewable energy, the state of Victoria is pressing ahead with ambitious new targets.
Australia, Victoria, renewable energy law, target

Victoria Powering Ahead With VRET

Official Press Release Minister for Energy, Environment & Climate Change of Victoria (Australia):

The Andrews Labor Government’s renewable energy targets passed the Legislative Council last Friday.

The Renewable Energy (Jobs and Investment) Bill 2017 enshrines ambitious new renewable energy targets for Victoria of 25 per cent by 2020 and 40 per cent by 2025 in law. These targets will cut the average cost of power for Victorians by around $30 a year for households, $2,500 a year for medium businesses and $140,000 a year for large companies, while driving a 16 per cent reduction in Victoria’s electricity sector greenhouse gas emissions by 2034-35. The legislation passed the... ... More: Official Press Release Minister for Energy, Environment & Climate Change of Victoria (Australia)

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