In a huge boost to Victoria's electricity supply, renewable energy companies will compete to supply Victoria with 650 megawatts of power – enough for the energy needs of every household in Geelong, Ballarat, Bendigo and the Latrobe Valley.
 |
| Two large solar farms will be built in Victoria to power Melbourne's trams. |
The competitive "reverse auction" will be the biggest of its kind in Australia, as corporations tender for the contracts to power 389,000 households.
This is expected to trigger investment of about $1.3 billion in renewable projects such as construction of wind and solar farms.
Expressions of interest will open in October.
Read Adam Carey’s story in today’s Melbourne Age - “Renewable energy boost to power Victoria's four biggest regional cities.”
No comments:
Post a Comment