Tasmania focuses on renewable energy to rebuild economy

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The Tasmanian Government has identified renewable energy as a key economic driver to rebuild a stronger state.

Tasmanian Premier Peter Gutwein said in a statement, “Tasmania can harness the immense potential in renewable energy to grow our economy, attract investment, create jobs and transform Tasmania from being Australia’s renewable energy powerhouse into a world leader of clean, reliable and affordable energy.”

To help achieve this plan, the Government is releasing the draft Renewable Energy Action Plan, which outlines its vision and suite of actions to develop renewable energy generation in Tasmania over the coming 20 years.

“Our Plan will benefit Tasmania through defining the pathway to securing a renewable energy future, creating thousands of local jobs, strengthening our economy and ensuring energy remains affordable and accessible,” the statement continued.

Tasmania will soon achieve the status of being one of the few jurisdictions in the world to achieve 100 per cent self-sufficiency in renewable electricity generation and there has never been a more important time to manage the transition to renewables.

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But, according to the premier, they plan to do much more.

“We have set a Tasmanian Renewable Energy Target to double our renewable generation to a global-leading target of 200 per cent of our current needs by 2040.

“Through setting clear targets and actions, the Action Plan will build on Tasmania’s natural competitive advantages and leverage existing and planned investment to grow the renewable sector for the benefit of all Tasmanians.

“Importantly, Tasmanians will always come first and are central to our goal to deliver Tasmanian residents and small businesses the lowest possible regulated electricity prices.”

The Government welcomes feedback on the draft Tasmanian Renewable Energy Action Plan, which represents a unique opportunity to be a world leader while using investment and job creation to help build a stronger Tasmania.

The draft Action Plan can be viewed here.