1. Victoria’s renewable energy policy
The energy sector is rapidly transforming.
Solutions to transition our system are available now, helping to achieve a modern, renewable energy system to support our economy and way of life.
Name
David Oglesby
Renewable Energy Division
Manager, Strategic Development and Insights

2. Renewable Energy in Victoria
Current installed capacity
11, 920 MW
Renewable energy investment pipeline
4, 916 MW
Estimated new renewable capacity by 2019/20
1,520 MW
Approved windfarms
Up to
2,726 MW
Installed capacity post Hazelwood
includes coal, gas, hydroelectricity, wind, solar and biomass
Renewable energy Investment pipeline
includes hydro, wind and solar
about 40% of total capacity in Vic
Expected new renewable capacity by 2019/20
includes solar trams, VRET, Ararat wind, Kiata wind and Gannawarra solar
Approved windfarms
not operational

3. Our approach to energy policy
Empowering and engaging households, communities and businesses
Renewable energy policy
Victoria’s renewable energy policy is underpinned by 3 objectives
Create new jobs and investment in Victoria
Empower households, communities and businesses
Ensure we have a smart, safe and reliable system
Comprehensive approach to deploying renewable energy.
Creating new jobs, investment and energy sector growth
Strengthening our smart, safe and reliable energy system

4. Creating new jobs, investment and energy sector growth
Key actions:
Delivering ambitious and achievable renewable energy targets
25% by 2020, 40% by 2025
Purchase renewable energy certificates ($48m)
New Energy Jobs Fund ($20m) Implementing the New Energy Technology Sector Strategy
Creating new jobs, investment and energy sector growth
Victorian renewable energy target
Meeting our 2020 renewable energy generation target of 25%
rising to 40% by 2025, through competitive reverse auctions for renewable energy generation projects
Purchasing renewable energy
Accelerating up to 75MW of large-scale solar
35MW used to power all of Melbourne’s 410 trams
New Energy Jobs Fund
Second Round is now closed
Funding for new energy technology projects
Attracting new energy technology businesses to establish operations in Victoria
Implementing the new energy technologies sector strategy – released in March 2016

5. Empowering and engaging households, communities and businesses
Key actions:
Establish three Community Power Hubs in regional Victoria to support local energy projects
Introduced an improved feed-in tariff scheme to ensure a fair approach for all consumers
Update Victorian Energy Compare to include renewable solutions
Empowering and engaging households, communities and businesses
Community Power hubs
To support development of renewable energy projects by providing legal and technical expertise, as well as start-up funding (‘Landcare’ for renewable energy)
Trial three sites – Ballarat, Bendigo and the Latrobe Valley
Customers will receive a minimum feed in tariff of 11.3 cents/ kWh for the electricity they export to the grid – an increase on the current minimum rate of 5 cents/ kWh
Upgrades continue to Victorian Energy Compare to ensure new services, such as solar and batteries are integrated

6. Strengthening our smart, safe and reliable energy system
Key actions:
Deploying energy storage to integrate renewable energy generation ($25m)
Investment in microgrid, smart grid and renewable energy storage demonstration projects ($15.8m)
Establish the Centre for New Energy Technologies ($5.36m)
Strengthening our smart, safe and reliable energy system
As part of making energy storage mainstream, we are currently receiving proposals to install two 20MW batteries in the northern Victoria
Last week the Minister announced to deliver:
up to 10 microgrid, smartgrid and renewable energy storage demonstration projects across Vic – to deliver integrated and smart energy solutions and reduce reliance on the electricity network
the Centre for New Energy Technologies or C4NET
purpose of this centre is to bring together government, industry and universities to collaborate on energy solution.