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[On-screen text: Invest in Victoria's renewable energy sector]
Narrator: Welcome to Victoria, Australia, one of the world's most exciting renewable energy markets. From Melbourne to regional centres, Victoria is a vibrant and globally competitive renewable energy investment destination. At the centre of Australia's National Electricity Market, we provide direct access to an interconnected electricity market.
[On-screen text: The National Electricity Market has: ~40,000km transmission lines, ~11 million customers, ~99 GW total generation]
Rising electricity demand, emerging energy technologies, retiring coal assets and ambitious policy settings including legislated renewable energy generation and storage targets are driving investment in renewable and storage technologies, network infrastructure and products and services.
[On-screen text: 2025: 40% renewable electricity generation, Achieved. 2026: 2 GW auction for offshore wind capacity, Opened. 2030: 65% renewable electricity generation, 2.6 GW energy storage capacity. 2035: 95% renewable electricity generation, 6.3 GW energy storage capacity. 2045: Net-zero emissions]
With abundant land, strong and consistent wind and high solar potential, Victoria offers ideal conditions for large-scale renewable energy development. Reaching net zero also requires investment in renewable fuels that can help decarbonise heavy transport and industry, leveraging our biomass and renewable electricity potential. Victoria connects to global and domestic markets via four major seaports, a 24-hour international airport and extensive road and rail networks. Renewable Energy Zones will unlock faster, lower cost grid connections, including for offshore wind.
[On-screen text: Renewable energy zones, Offshore wind]
We have the skilled workforce industry needs, backed by Australia's largest pipeline of technology graduates, universities and vocational institutions. We are a hub for innovation, research and development, supported by near-universal smart meter coverage that enables real-world testing and commercialisation of new energy products and services. Victoria is a trusted investment partner with a strong track record working with global businesses. Join us in building the energy system of the future.
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[On-screen text: Visit our website or contact a Victorian Government Trade and Investment Office in your region]
[On-screen image: World map of Victorian Government Trade and Investment Office locations: San Francisco, Chicago, Boston, New York, Washington DC, Santiago, London, Paris, Frankfurt, Tel Aviv, Dubai, Mumbai, Bangalore, Chengdu, Beijing, Seoul, Tokyo, Nanjing, Shanghai, Hong Kong, Vietnam, Kuala Lumpur, Singapore, Jakarta, Melbourne]
[On-screen text: energy.vic.gov.au/businesses/investment-opportunities]
[On-screen image: QR code linking to energy.vic.gov.au/businesses/investment-opportunities, with the Victoria State Government logo]
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Page last updated: 26/10/26