Victorian government urges more investment in renewables as revived SEC won’t be enough to reach target

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Lily D’Ambrosio says less than a quarter of the energy needed will come from the SEC and urges industry to produce remaining 20.5GW

The event, hosted by the state’s peak business body, was focused on Victoria’s transition to net zero. Under the Andrews government’s targets, Victoria will slash its emissions by 95% by 2035 and net zero emissions will be reached by 2045.the aim to reach 6.3GW by 2035The state government has estimated the renewable energy targets will boost the state’s economic output by about $9.5bn and create an additional 59,000 jobs through to 2035.

The SEC was first set up in 1918, and by 1972 it was the sole agency in the state for electricity generation, transmission, distribution and supply before it was privatised in the 1990s. The former Liberal premier Jeff Kennett’s government led the privatisation of the organisation in a bid to reduce the state’s debt.

 

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Dan struggling to get anything right .

Gosh that was unexpected Dan was gonic to bring back the SEC But hey we got a web page

Perhaps they should stop blowing up existing power stations.

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