Victorian Premier Daniel Andrews and Minister for Energy Lily D’Ambrosio announced new energy storage targets alongside a $157 million package supporting renewable energy generation and storage projects across the state.
Victoria has set a 2.6 gigawatts (GW) target of renewable energy storage capacity by 2030, with an increased target of 6.3 GW of storage by 2035. This energy storage is essential to firm the growth in renewables generation from solar and wind farms.
The new storage targets include both short and long-duration energy storage systems – which can hold more than eight hours of energy to cover peak demand periods.
The new energy storage targets, along with advancing renewables may spell the closure of Victoria's brown coal in the early 2030s. It also adds momentum to Victoria's achievements in emissions reduction in future climate targets.








