Targeting net zero emissions

Victoria has committed to a net zero emissions target by 2050.

This will require action across the whole Victorian economy. Including the energy industry.

Transitioning to a low carbon future means supporting new energy technologies. As well as new ideas that make a real difference.

Investments in large and small-scale renewable energy generation projects will help us make the transition. These investments are also important in developing:

  • Victoria’s burgeoning renewable energy sector
  • support for skilled jobs

Victorian Infrastructure Plan - Energy Victorian Infrastructure Plan - EnergyPDF (1.62 MB) Victorian Infrastructure Plan - Energy Victorian Infrastructure Plan - EnergyDOC (951.28 KB)

 

In the future In the future

Our renewable energy production targets are estimated to support capital expenditure of $9 billion in new projects. This will result in $2.5 billion direct investment. And up to 11,000 two year construction jobs.

 

Projects and reforms

The Victorian Infrastructure Plan includes 5 projects and reforms under this Energy priority. These are detailed in the Energy sector plan and full edition VIP, available for download together with:

  • Government response - outlines our position and addresses 137 recommendations made by Infrastructure Victoria in its 30-year Infrastructure Strategy
  • Technical report - indicates where projects and reforms meet the plan’s four objectives

Case study

Solar powered trams

Melbourne has one of the largest electric tram systems in the world. 410 trams cover 250 kilometres of track.

In a world first, solar energy will soon drive our tram network. Power will by generated by a large scale solar plant to be built in regional Victoria. This will reduce our annual greenhouse emissions by 80,000 tonnes.

The Victorian Government tender for help building 75 megawatts of new large scale solar PV farms. Around 35 megawatts will be linked to the tram network.

The government will then voluntarily surrender renewable energy certificates. Matching the amount of electricity used by all the trams.

Not only will this help Victoria stay on track to meet its target of net zero emissions by 2050. The Victorian Government also expects to attract $150 million in project investment. And to create 300 new jobs.

 

The Victorian Infrastructure Plan identifies 2 other priorities within the Energy sector. They are:

Ensuring efficiency and affordability

Protecting our energy security