<
https://reneweconomy.com.au/victoria-fast-tracks-coal-exit-with-95-pct-renewable-target-2035/>
"Victoria’s Labor government has jacked up its targets for clean energy and
emissions reduction, setting the state on course to reach a 95 per cent share
of renewables on its electricity grid by 2035 and a 75-80 per cent reduction in
emissions by the same date.
The Andrews government unveiled the new targets on Thursday, one month out from
the state election, also boosting its 2030 renewables target to 65 per cent and
setting a goal for net zero by 2045, five years ahead of most of the rest of
the country – and world.
The new targets boost the existing interim VRET from 50% to 65% by 2030, and
the emissions reduction target from 50 per cent on 2005 levels by 2030 to 75-80
per cent by 2032.
The announcement follows, and trumps, the Queensland state government’s new
target of reaching 80 per cent renewables by 2035, and appears to be more or
less in line with the Australian Energy Market Operator’s Integrated System
Plan, which assumes brown coal will leave the grid by 2032.
AGL has advanced the proposed closure date of Loy Yang A to 2035 at the latest,
while Alinta has set no early date yet on Loy Yang B.
To deliver on the new targets, the government has announced that it will, if
re-elected in November, set up a up a state-owned energy company to build new
wind and solar projects – a re-boot of the State Electricity Commission."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
