Victoria has a wealth of clean energy resources which are set to play a key role in meeting Victoria's future energy needs. Victoria's share of electricity generated from renewable resources has increased substantially in recent years.
The Victorian Government has identified the new energy technology sector as one of the growth sectors vital to the future economic prosperity of Victoria and so has recently released a strategy for the New Energy Technology sector, one of six priority sectors where Victoria is uniquely placed to become a global leader.
New Energy Jobs Fund
The $20 million New Energy Jobs Fund is designed to support Victorian-based projects that create long-term sustainable jobs, increase the uptake of renewable energy generation, reduce greenhouse gas emissions and drive innovation in new energy technologies.
The projects funded embraced a variety of innovative technologies, feasibility studies and business cases to expand and extend renewable developments to create long-term market confidence.
Round One closed in March 2016 with 24 projects awarded grant funding. Round Two closed in March 2017 with 21 projects awarded.
Applications for Round Three of the program closed on 1 March 2018 with seven projects awarded grant funding.
Projects currently announced include:
Regional Renewable Roadmaps - $1 million to develop a suite of Regional Renewable Roadmaps to maximise each regions opportunities to participate in and benefit from Victoria's energy transition. These roadmaps will be developed by communities for Grampians, Loddon Mallee, Barwon South West and East Gippsland regions.
Delta Energy Systems (Australia) has been awarded $210,000 for its $969,067 project titled 'Delta Solar Vehicle Charging, seeding a new industry in Victoria'. Delta have been developing PV electric vehicle charging prototypes since 2015 with CSIRO. Focusing on fleet, domestic and light commercial markets. This project is the final stage in the development of this technology, a successful project will bring two new charging platforms to market.
Rural City of Wangaratta has been awarded $100,000 for their $110,000 project to develop a business case for a micro-grid model for the town of Milawa. It will comprise of solar energy, energy storage and hydrogen fuel cell technology to service all Milawa energy customers.
ZECO Australian Energy Solutions has been awarded $150,000 for its $374,900 project 'Solar Owl'. The project aim is to replace diesel light towers. The Solar Owl light towers use solar panels as the source of renewable energy and store them in pollution and maintenance free lithium-ion batteries. These units will be noise free, be more economical and reduce greenhouse gas emissions.
The Renewable Communities Program (RCP) is a $1 million pool of funding aimed at community energy projects that will: increase the uptake of renewable energy generation; consider energy justice and social benefits; promote community participation and reduce greenhouse gas emissions. This targeted funding recognises the capacity and capability constraints often faced by community renewable energy groups. Projects under the RCP are yet to be confirmed.
The fund is a key component of the $200 million Future Industries Fund to support high growth, high value industries, such as the new energy technologies sector that are critical to securing Victoria's future as a competitive, innovative and outward looking economy.
For more about the New Energy Jobs Fund, visit Business Victoria
The Latrobe Valley New Energy Technology Roundtable
On 2 June 2017 the Victorian Government, in collaboration with the Latrobe Valley Authority, held the Latrobe Valley New Energy Technology Roundtable aiming to promote local new energy projects and connect local businesses and other renewable energy supply chain partners.
The event attracted 186 attendees of whom 91% rated the day as very useful with many new business prospects discussed and new confidence in the role of renewables as a transition strategy for the Latrobe Valley. The Victorian Government will be holding new energy technology roundtables in other locations around Victoria in the near future.