Episode Details

A new report from Jacobs and Southerly Ten reveals significant cost savings from offshore wind in Victorias Gippsland region. Building seven gigawatts by 2060 could save billions in national grid costs, primarily due to reduced onshore transmission lines. Despite higher initial costs, the setup lowers wholesale power prices. Farmers and experts have mixed reactions, with some praising the logic and others questioning the assumptions. Victoria plans to lead with a first offshore wind auction this August, aiming for four gigawatts by 2035 and nine by 2040.

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