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 11 per cent in 2014 to 20 per cent in 2018.
This share will continue to grow in the coming years as Victoria achieves its statewide renewable energy targets, which will create substantial new opportunities for jobs and investment in Victoria’s renewable energy sector.
Victoria's Future Industries
The Victorian Government has identified six priority sectors that have potential for extraordinary economic growth and the capacity to create high-skill, high wage jobs: Victoria's Future Industries.
These include medical technologies and pharmaceuticals, new energy technologies, food and fibre, transport technologies, defence technologies, construction technologies, international education, professional services.
A number of grant programs support job-creating projects, helping to secure Victoria's future as a competitive, innovative and outward looking economy:
- New Energy Jobs Fund
- Future Industries Manufacturing Program
- Sector Growth Program
- Victorian Defence Industry Supply Chain Program
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 embrace a variety of innovative technologies, feasibility studies and business cases to expand and extend renewable developments to create long-term market confidence.
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 Case Studies from the New Energy Job Fund, visit Energy Victoria.
Recipients announced for NEJF R5.
Round five New Energy Jobs Fund (NEJF) grants were awarded in September 2020. A total of thirteen community-led projects are sharing over $1million in grants to implement renewable energy projects that aligned with the findings of the Regional Renewable Energy Roadmaps. The Roadmaps were developed in consultation with regional communities.
The projects encourage greater adoption of community-owned renewables and maximise environmental, economic and employment opportunities for regional communities. Find out more at new energy technologies webpage.
The Renewable Communities Program (RCP)
A $1.139 million pool of funding aimed at community energy projects that will;
- increase the update of renewable energy generation;
- consider energy justice and social benefit;
- promote community participation, and;
- reduce greenhouse gas emissions.
This targeted funding recognises the capacity and capability constraints often faced by community renewable energy groups. To find more information about RCP, visit Community Energy.