Supporting Victoria’s clean economy ambitions

The clean economy transformation is all-encompassing.

Victoria's clean economy transformation

Ambitious targets of net zero emissions by 2045 and 95% renewable energy* by 2035 are transforming energy consumption and services across the economy.

Much of the transformation involves clean economy-related manufacturing, construction, installation and modifications. A new wave of skilled workers is needed to complete this transformation safely and to the highest quality, many of whom need to hold trade and technician-level skills.

Victorian electricity generation

In the 2021 to 2022 financial year, Victoria's electricity generation was made up of 61.5% coal, 34.6% renewables and 3.9% gas.

Victorian renewable energy targets**

  • By 2030, electricity generation will be made up of 65% renewables and 35% other sources.
  • By 2035, electricity generation will be made up of 95% renewables and 5% other sources.

What does clean economy transformation include?

  • Building renewable energy sources and distribution minimising energy leakage and waste.
  • Minimising energy leakage and waste.
  • Increasing the circular use of materials.
  • Transitioning business and household carbon-based energy use to renewables.

Notes

* Renewable energy source means any of the following energy sources: solar; wind; hydro; an energy source declared by the minister under section 4 of the Renewable Energy (Jobs and Investment) Act 2017 (Vic)(opens in a new window).

**Targets the Victorian Government has set for the electricity generated in Victoria to be generated by means of facilities that generate electricity by utilising renewable energy sources or converting renewable energy sources into electricity.

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