The Australian Victorian government has announced its offshore wind targets in the Victorian Offshore Wind Policy Directions Paper, with the aim of first power to come online in 2028.
The Victorian government will support the establishment and growth of the offshore wind industry by committing to a 2032 offshore wind target for Victoria of at least 2GW, and the Victorian Government is aiming for the first power by 2028, following a competitive process. As a long-term commitment to offshore wind, Victoria is also setting targets to reach 4GW of offshore wind capacity by 2035 and 9GW by 2040. Later in 2022, the government will release an Offshore Wind Implementation Statement that will provide further details on the first offshore wind tranche. The 2032 target will be finalised as the offshore wind business case is developed in 2024.
