Victoria needs energy certainty, not more changes

The Government announced today that the proposed REZ, covering parts of Campaspe, Greater Shepparton, Benalla and Greater Bendigo, would no longer proceed.

The decision comes as Victoria faces a major change in its power system over the coming years, with Yallourn scheduled to close in 2028, and more ageing coal generation to follow. At the same time, Victoria’s growing population, expanding data centre sector and increasingly energy-hungry homes are driving up demand for electricity.

The Government says future renewable energy investment will instead be directed to other parts of Victoria where projects can connect efficiently and new transmission can support additional generation but has not yet detailed where that investment will go, or what will replace the projects previously expected in the Central North REZ.

CEC Chief Executive, Jackie Trad, said Victoria needed a clear and stable plan for its future power supply regardless of who governs.

“Victoria’s coal-fired power stations are ageing and they will shut down soon. Yallourn is due to close in 2028 and we need new power ready to replace it,” Ms Trad said.

“So the obvious question from today’s decision is: where will that power come from?

“Victoria cannot afford uncertainty over its future power supply. Projects take years to plan, finance, approve and build, and investors need confidence about where Victoria is going. Victorian families and businesses need confidence the power will be there when they need it, and investors need the certainty to spend billions of dollars building it.

"We need genuine community consultation and partnerships to ensure renewable energy projects are set up for success. Local insights need to be a foundational part of project planning, so we don't end up with cancellations," she said.

ENDS

For more information or to arrange an interview, please contact: 

Liam Straughan
Clean Energy Council Media Officer

+61 409 470 683