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8h ago

Victoria Delays Offshore Wind Auctions to Next Year, Seeks Federal Backing

Officials cite a year lost to licensing hurdles, unfinished rules, a rejected Hastings port plan.

Wind turbines can be seen atop a hill at the Infigen Energy wind farm located on the hills surrounding Lake George, north of the Australian capital city of Canberra May 13, 2013. REUTERS/David Gray/File Photo
Star of the South
Siemens Gamesa/Illustration
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Overview

  • The auction round that was due to open this month will now run next year, with a revised timeline to be published by the end of 2025.
  • Energy Minister Lily D’Ambrosio said roughly 12 months have been lost because of feasibility licence issues, incomplete regulations and the initial knockback of a Port of Hastings construction hub.
  • The auctions are intended to award government support packages that underpin project financing, and the Allan government is pressing the Commonwealth to co-fund the scheme.
  • Several developers have stepped back or paused plans, including Navigator North withdrawing from the planned auction process.
  • Victoria is prioritising a redesigned Hastings turbine-assembly terminal that will proceed to an environmental effects statement, while maintaining a 2 gigawatt offshore wind target for 2032.