Victoria’s Net Zero Transmission Plan Blows Out to $7.9 Billion

Victoria’s Net Zero Transmission Plan Blows Out to $7.9 Billion

Victorian taxpayers face a $7.9 billion (US$5.1 billion) bill to cover transmission infrastructure for the state’s push towards net zero. The figure outstrips an earlier estimate in June for the project to cost $4.3 billion. The 2025 Victorian Transmission plan (pdf) unveiled on Aug. 17, proposes six renewable energy zones for Australia’s second most populous state, including the Central Highlands, Central North, Gippsland, the North West, the S…

2025 Victorian Transmission Plan released I Australian Rural & Regional News

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VicGrid's renewable plan in place

By PHILIP HOPKINS   VICGRID has released more details of the proposed renewable energy zones in Gippsland as part of the long-term strategic plan for the development of Victoria’s REZs as the Latrobe Valley’s coal-fired power closes down. The 2025 Victorian Transmission Plan sets out the transmission infrastructure that is needed to be built over the next 15 years to connect renewable energy to the main electricity grid. The plan proposes the cr…

VicGrid’s 2025 Transmission Plan unveiled - Energy Magazine

Image: Michael Evans/stock.adobe.comThe Victorian Government has released the 2025 Victorian Transmission Plan, marking a significant step in the state’s renewable energy transition.  The Victorian Transmission Plan sets out the transmission infrastructure the […] The post VicGrid’s 2025 Transmission Plan unveiled appeared first on Energy Magazine.

Victorian Transmission Plan released to mixed reviews

VicGrid has released its Victorian Transmission Plan, which outlines details for six renewable energy zones where wind and solar projects and batteries for storage should be built, and the new powerlines required to connect it all. VicGrid’s report suggested the transmission plan could see wholesale electricity prices fall, lowering bills for households and businesses by $20-$50 respectively. This suggestion was kiboshed by the director of the V…