Tags: Victoria Energy Site

4 FAQs about Victoria new energy site

Will port of Victoria build the world's first nuclear power plant?

“We're proud to be working with Port of Victoria leaders to establish our footprint in Texas and look forward to engaging with local and regional partners, including the City of Victoria and nearby Bloomington, as we take steps to build the world's first project-financed nuclear power plant.”

What is Victoria's energy plan?

“The plan attempts to minimise the area of Victoria required for renewable energy zones and the new transmission infrastructure needed, while also providing project developers and investors with sufficient opportunity to generate the energy we need to power homes, farms, schools, businesses, hospitals and other essential services.”

How much does electricity cost in Victoria?

“Victoria consistently has the lowest wholesale power prices in the country, helping to slash energy bills for families and businesses.” Victorians paid an average wholesale price of $107 per megawatt hour, compared to $151 for NSW, $138 for South Australia, $127 for Queensland and $115 for Tasmania, according to government data.

What percentage of Victoria's Electricity is produced by renewables?

D'Ambrosio says more than 42 per cent of Victoria's electricity was produced by renewables in the past financial year, with the state reaching record levels of renewable energy generation. The VTP says that these figures factor in new capacity from already committed projects across the state.

View/Download Victoria new energy site [PDF]

PDF version includes complete article with source references. Suitable for printing and offline reading.