{"id":16056,"date":"2017-10-23T05:15:32","date_gmt":"2017-10-22T18:45:32","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=16056"},"modified":"2017-10-23T05:15:32","modified_gmt":"2017-10-22T18:45:32","slug":"victoria-renewable-energy-target-mb0259","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/victoria-renewable-energy-target-mb0259\/","title":{"rendered":"Victorian Renewable Energy Target (VRET) Legislation Passes"},"content":{"rendered":"
\"Victoria

Image : seagul<\/a><\/p><\/div>\n

The Victorian Labor Government’s\u00a0 Renewable Energy (Jobs and Investment) Bill 2017 passed the Legislative Council late on Friday afternoon, enshrining the VRET in law.<\/p>\n

The VRET sets a goal of\u00a0 25 per cent renewables by 2020 and 40 per cent by 2025. Just as a point of comparison, the National Energy Guarantee<\/a> (NEG) spruiked by the Turnbull Government last week is expected to result in between 28% and 36% renewables by 2030.<\/p>\n

Renewable energy sources currently account for approximately 17 per cent of Victoria\u2019s electricity generation. The Government will announce by the end of this year how much renewables capacity will be required to meet the 25 per cent by 2020 target.<\/p>\n

The Victorian Government noted the VRET legislation, which was introduced into State Parliament in August<\/a>, passed the Legislative Council by 20-18 votes – and all Liberal and National members voted against the bill.<\/p>\n

\u201cThis is a historic day and I\u2019d like to thank all of the community campaigners who\u2019ve been such passionate advocates for this important legislation,\u201d said<\/a> Minister for Energy, Environment and Climate Change Lily D\u2019Ambrosio. \u201cRenewable energy creates jobs and will help drive down power prices for Victorian households and businesses.\u201d<\/p><\/blockquote>\n

The news was welcomed by the Clean Energy Council.<\/p>\n

“The Victorian Government has clearly demonstrated its commitment to unlocking the jobs of the future for residents of the state,” said<\/a> CEC Chief Executive Kane Thornton. “The VRET provides a green light for our industry to deliver cheap, clean and reliable energy for all Victorians.”<\/p><\/blockquote>\n

The VRET is expected to create up to 11,000 jobs and reduce the average cost of electricity for Victorians from approximately $30 a year for households to $140,000 a year for large companies. It will also result in a 16 per cent reduction in greenhouse gas emissions associated with Victoria\u2019s electricity sector by 2034-35.<\/p>\n

Last week, both Minister D’Ambrosio and State Premier Daniel Andrews didn’t mince words in relation to the Turnbull Government’s NEG<\/a>; the details of which – including any potential impact on Australia’s “solar rebate<\/a>” – were and continue to be rather murky.<\/p>\n

According to report on The Age<\/a>, Premier Andrews said Prime Minister Turnbull had allowed Tony Abbott to “junk” the work of Australia’s Chief Scientist Alan Finkel in relation to a Clean Energy Target. Minister D’Ambrosio stated the modelling was “dodgy” and it was a “backward plan”.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Victorian Labor Government’s\u00a0 Renewable Energy (Jobs and Investment) Bill 2017 passed the Legislative Council late on Friday afternoon, enshrining the VRET in law.<\/p>\n","protected":false},"author":17,"featured_media":16058,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-16056","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nVictorian Renewable Energy Target (VRET) Legislation Passes<\/title>\n<meta name=\"description\" content=\"The Victorian Labor Government's Renewable Energy (Jobs and 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The current VRET, which set a goal of\u00a0 25 per cent renewables by 2020 and 40 per cent by 2025, was enshrined\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"VRET and solar jobs","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/08\/vret-solar-jobs.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/08\/vret-solar-jobs.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/08\/vret-solar-jobs.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/08\/vret-solar-jobs.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/08\/vret-solar-jobs.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":22819,"url":"https:\/\/www.solarquotes.com.au\/blog\/renewables-funding-victoria-mb0666\/","url_meta":{"origin":16056,"position":3},"title":"More Support For Renewables In Victoria","author":"Michael Bloch","date":"July 13, 2018","format":false,"excerpt":"The Victorian Government has stumped up more funding to help the state towards its renewable energy goals and low-carbon economy aspirations. Announced on Wednesday, the Government will provide $500,000 to the Grampians New Energy Taskforce (GNeT) and $50,000 to Federation University TAFE Australia. Grampians New Energy Taskforce (GNeT) The funding\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Renewable energy in Victoria","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/07\/renewable-energy-victoria.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/07\/renewable-energy-victoria.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/07\/renewable-energy-victoria.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/07\/renewable-energy-victoria.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":26075,"url":"https:\/\/www.solarquotes.com.au\/blog\/victoria-labor-solar-mb0837\/","url_meta":{"origin":16056,"position":4},"title":"More Sunny Days Ahead For Home Solar Power In Victoria","author":"Michael Bloch","date":"November 26, 2018","format":false,"excerpt":"With Labor to remain at the helm in Victoria, it now has solar power and other renewable energy commitments to make good on. \"... obviously something has gone horribly wrong.\" .. thus spake Victorian Shadow Attorney General John Pesutto on Saturday evening when it became clear the Coalition had been\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Andrews Labor Govvernment and solar power","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/andrews-labor-solar.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/andrews-labor-solar.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/andrews-labor-solar.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/andrews-labor-solar.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":23714,"url":"https:\/\/www.solarquotes.com.au\/blog\/victoria-microgrid-grants-mb0716\/","url_meta":{"origin":16056,"position":5},"title":"Victorian Government To Splash Out More Cash For Microgrids","author":"Michael Bloch","date":"August 22, 2018","format":false,"excerpt":"The Andrews Labor Government has announced a new $3 million grant program in the Latrobe Valley to support the development of microgrids that benefit local business\/industry customers. A microgrid is a local network of electricity generation and storage sources that can operate either connected to the mains grid or disconnected\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Latrobe Valley microgrid program","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/08\/latrobe-microgrid-program.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/08\/latrobe-microgrid-program.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/08\/latrobe-microgrid-program.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/08\/latrobe-microgrid-program.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/16056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=16056"}],"version-history":[{"count":2,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/16056\/revisions"}],"predecessor-version":[{"id":16059,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/16056\/revisions\/16059"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/16058"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=16056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=16056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=16056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}