A very proactive Minns Labor government will celebrate one year in government with a massive investment of $1.8 billion in renewable energy to get it back on track.
Another great initiative with the establishment of the Energy Security Corporation that will make investments in new storage projects and improve the reliability of our electricity network as we transition to renewables.
The Minns Labor government also committed an additional $800 million to the Transition Acceleration Facility to connect the country’s growing number of Renewable Energy Zones (REZ) to the grid sooner, like the Central West Orana REZ around Dubbo. This REZ Is currently being built in partnership with the Albanese Labor government and will support around 5,000 construction jobs. Another massive NSW/federal investment in renewables is happening in the New England REZ Transmission Project where the first two stages are scheduled for completion in 2033.
These national infrastructure projects are vital to Australia’s future, but sadly the Lib/Nat Coalition are choosing to continue the ‘climate wars’ and are fighting the Labor governments all the way. But wait there’s more, the NSW Office of Energy and Climate Change has funded the development of green hydrogen hubs across the state aiming to have a green hydrogen capacity of 700 MW by 2030.
And how good is this – the Albanese Labor government is committing $1 billion to kickstart a domestic solar panel manufacturing industry on the site of the now decommissioned Liddell coal-fired power station, to underpin the nation’s future as a renewable energy superpower. The transition to renewables is finally underway and only a majority Labor government could achieve this massive nation-building project.
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