Victoria boosts renewable energy target

Caroline Schelle
The Victorian government will increase its renewable energy target to 50 per cent by 2030

Victoria is continuing to go it alone in its push for renewable energy, increasing its target to 50 per cent.

The move fulfils an Andrews government promise made during last year's state election despite criticism from the federal government over the reliability of renewables.

Increasing Victoria's green energy target to 50 per cent in the next decade would save the average household $32 a year and businesses around $3100.

It would also help drive down emissions, equivalent to taking 655,000 cars off the road.

"We know that with strong renewable energy targets it gives industry the certainty and the confidence to invest in our state," Energy Minister Lily D'Ambrosio said.

A bill will be introduced on Tuesday to make the target law.

The government claims it will increase jobs and save Victorians money.

"With the increase in this target to now 50 per cent by 2030 we will be creating 24,000 jobs in Victoria especially benefiting regional Victorians," Ms D'Ambrosio said.

The federal coalition has criticised the Andrews government for its push to renewables, which has been rebuked with attacks about the lack of a national energy policy.

Ms D'Ambrosio said Victoria would be able to build on and meet its targets to ensure a quarter of the state's electricity generation would come from renewables by 2020 and 40 per cent by 2025.

"The proof is there; we're already delivering on our targets for 2020 and 2025," she said.