Victoria, Australia, invested 2.5 billion Australian dollars to develop wind and solar power generation

According to reports, in order to achieve the goal of zero carbon emissions by 2050, the Australian Victorian government announced an ambitious clean energy policy statement on the 15th, saying that it plans to invest 2.
5 billion Australian dollars to develop clean energy, including the construction of more wind and solar power plants, with the goal of increasing the proportion of clean electricity to 3 times the current level by 2025, reaching 40%.

Victoria will face a climax of construction in the future

Currently, renewables account for only about 14 per cent of all types of energy used in Victoria, but the Victorian government hopes to increase that share to 25 per cent by 2020 and further to 40 per cent
by 2025.

The Victorian government has also said it hopes to complete a fleet of large-scale renewable energy facilities with a total capacity of 5400 MW by 2025, which could require $2.
5 billion
.
To achieve this, Victoria is expected to see a new wave of construction in the next 10 years, and these construction projects are expected to create 4000 new jobs
.
In addition, the Victorian government plans to build 18 wind farms over the next nine years, as well as a number of solar power plants
in northern Victoria.

Governor Andrew noted that the world has begun to shift to renewable energy, which can create jobs, drive growth and protect the environment
.
He added: "Victorians want to be at the forefront of the
world.
”

Public tenders for energy projects

As for the source of the $2.
5 billion in funding needed to develop clean energy, the Victorian Government also mentioned in the statement, mainly following the successful model of the ACT by conducting public tenders for construction projects, encouraging project developers to bid, and the lowest cost wins
.

Andrew said the Victorian Government would sign long-term contracts with the winning bidders to fully support their construction projects
.

In addition, the Victorian government will also allocate part of its budget to clean energy projects, which will inevitably draw on taxpayer funds
.
However, Victorian Energy Minister Lily D'Ambrosio said the financial impact of clean energy projects on Victorians was very weak
.
"The financing model we are currently considering will not result in additional costs
to Victorians or businesses.
" "The extra cost to Victorians from these projects is very, very small
," she said.
”

It is understood that the first batch of tender projects will be launched
next year.

The future of Victoria's thermal power station is uncertain

However, the clean energy policy announced by the Victorian government on the same day did not mention the future fate
of the four lignite power stations in the Latrobe Valley.
These four thermal power plants supply about 85% of the state's electricity, but at the same time, they also account for half of the state's total carbon emissions, and these four thermal power plants employ thousands of people
.

Presumably, one of the four power stations will close within the next 10 years, the Hazelwood power station, which is considered Australia's "dirtiest" power station
.