Wednesday, April 24, 2024

Victoria joins global wind alliance

Victoria has been formally admitted to the Global Offshore Wind Alliance (GOWA) as the organisation’s first sub-national member.

GOWA brings together international governments, the private sector, organisations, and other stakeholders to accelerate the deployment of offshore wind power.

Victoria has joined countries like Denmark, Spain, Germany, and the United Kingdom in the Global Offshore Wind Alliance (GOWA). The Alliance’s mission is to achieve a total global offshore wind capacity of at least 380 GW by 2030, with 35 GW on average each year across the 2020s and a minimum of 70 GW each year from 2030.

Minister for Energy and Resources, Lily D’Ambrosio said Australia represents the second-biggest offshore wind pipeline in the Asia-Pacific region, behind China.

“Victoria’s successful application to join the Global Offshore Wind Alliance solidifies our abundant offshore wind resources as among the best internationally, with our ambitious targets attracting major investment, jobs and solidifying Victoria’s future as Australia’s offshore wind capital,” said the Minister.

She said the winds along Victoria’s coast were among the world’s best, capable of fostering a prosperous emerging sector.

The industry is projected to generate over 6,000 jobs and play a pivotal role in Victoria’s journey towards achieving 95% renewable energy production by 2035 and attaining net-zero emissions by 2045, said Ms D’Ambrosio.

The Victorian Budget 2023/24 invested $27 million to progress development on the Victorian Renewable Energy Terminal at the Port of Hastings. The terminal will support wind construction delivery of up to 1 GW per year, process turbines up to 18 megawatts and service multiple offshore wind developments concurrently.

The Government also established Offshore Wind Energy Victoria which is working towards a formal competitive procurement process for the first tranche of offshore wind energy capacity in 2025.

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