Media Releases

NORTH WEST COAST SET TO BE RENEWABLE ENERGY MAJOR BENEFICIARY

November 22, 2018

The North West Coast of Tasmania is set to be a major beneficiary from Federal Labor’s plan to invest in renewable energy and delivering 50% of power from renewables by 2030.

Federal Member for Braddon Justine Keay said, Labor’s energy policy will drive investment in renewable energy across Australia.

“North West Tasmania is ideally placed to capitalise on this investment with Labor announcing this part of the state would become a Renewable Energy Zone (REZ).

“These Zones will help coordinate investment in generation, storage, and transmission, and signal to investors the future sites for job-creating projects.

“While Scott Morrison and the Liberal Party have no energy policy, Labor is getting on with the job giving industry the certainty it needs to invest, grow jobs and boost our local economy.

“The wind energy resource of North West Tasmania is truly world class. It has been estimated to be as high as 25,000 GWh per year of renewable energy.

“That is half the electricity consumption of Victoria, and more than twice the electricity consumption of Tasmania.

“Already, developers are planning an investment pipeline of over $2.3 billion, creating jobs and adding 1,200 MW of electricity capacity to the state. This just scratches the surface of the potential for the North West Tasmanian REZ.

“We have the potential to produce up to 10 per cent of Australia’s electricity, as clean renewable energy that will not only create thousands of jobs but will lower power bills in Tasmania and potentially across the Bass Strait.”

“The projects currently in the pipeline would mean new jobs for the community, but the potential is so much greater.

“As well as the actual wind power projects, a NW Tasmanian REZ would mean new jobs in transmission and power management, lower power prices for the state and more competitive industries across the board.

“It isn’t just about clean energy; it’s about a sustainable and growing economy.”

THURSDAY 22 NOVEMBER 2018

MEDIA CONTACT: JOHN DOWLING 0417 575 148

Authorised by Noah Carroll, ALP, Canberra.