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| Greater Gabbard Windfarm Courtesy SSE |
"For a government that talks up 'technology not taxes' it is so disappointing that we've had to wait so long for this legislation" says Labor MP Kate Thwaites, who says the ALP supports the #OffshoreWindBill but the policy needs more work to deliver for jobs and communities.
Australia's first #OffshoreWindBill creates a licensing and regulatory regime. It is a key first step for unlocking an avalanche of offshore wind farm proposals.
The Bill also clears the path for renewable export projects such as the massive Sub Cable project in the NT, which is looking at up to 20GW of solar, and more than 40GWh of battery storage, with most of it to be exported to Singapore via sub-sea cable.
The Bill is called: Offshore Electricity Infrastructure Bill 2021 [Provisions] and Offshore Electricity Infrastructure (Regulatory Levies) Bill 2021 [Provisions].
The Blue Economy Cooperative Research Centre (Blue Economy CRC) found there is the potential for 2000 GW of offshore wind capacity for Australia. The Australian Energy Market Operator has identified several offshore wind zones that could accommodate up to 40GW of offshore wind.