The CEC believes the policy will provide major regional job and economic opportunities for the state well into the next decade.
“The Victorian Government has clearly demonstrated its commitment to unlocking the jobs of the future for residents of the state” said Clean Energy Council Chief Executive Kane Thornton. “The VRET provides a green light for our industry to deliver cheap, clean and reliable energy for all Victorians. The easiest way to reduce power prices is through clear policy and more power generation. The VRET delivers on both these fronts and the Victorian Renewable Energy Auction Scheme will kick off in just a few weeks to deliver up to 650 MW of new renewable energy projects”.
Mr Thornton, congratulating the Victorian State Government, added that the VRET promises to deliver 25 per cent of the state’s power from renewable energy by 2020, rising to 40 per cent by 2025 and that its introduction is the culmination of a massive amount of work by Victorian Premier Daniel Andrews, Energy Minister Lily D’Ambrosio and many Ministers, stakeholders and public servants.
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