25 Jun '16, 3pm

Victoria, #Australia, plans to double energy from #renewables in next 4 years, reaching 25% by 2020 & 40% by 2025

Victoria, #Australia, plans to double energy from #renewables in next 4 years, reaching 25% by 2020 & 40% by 2025

The government of the south-eastern Australian state of Victoria announced today that it plans to nearly double the amount of its energy generated from renewable sources in the next four years. Victorian Premier Daniel Andrews and his Minister for Energy and Climate, Lily D’Ambrosio, revealed their new renewable energy targets — 25 per cent by 2020, and 40 per cent by 2025 — during a visit to the Ararat Wind Farm. Victoria is the latest state to outdo the Turnbull government’s previous national target of 20 percent renewable energy by 2020. At present, Victoria generates 14 percent of its electricity using renewables. The state’s government predicts that their new targets will create 5,400MW of new renewable energy capacity, representing $2.5 billion in new investment. During the anticipated year of peak construction in 2024, around 4,000 jobs will have been created in the...

Full article: http://www.energydigital.com/renewableenergy/4128/Victori...

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