The Australian state government of New South Wales on Monday presented an investment of some AUD 32 billion (USD 23.3 billion or EUR 19,602 million) for a plan to electrical infrastructure, with an emphasis on renewable energy projects.
At New South Wales Electric Infrastructure Plan, the most populous state in Australia, seeks to promote the construction of solar, wind and hydro plants with capacity of 12 gigawatts and 2 storage, as well as increase its generation of renewable energy from 16 to 60 percent by 2030.
The regional government also intends that the financing plan, considered one of the most ambitious in Australia, promote the transition to clean energy and that it contributes to the shutdown of at least four of its five coal-fired power plants in the next 15 years.
“This is the largest and most important commitment made by a state government to the transition to clean energy and the implementation of a major strategy to make Australia a renewable (energy) superpower,” Nick Ison manager said in a statement. of Energy Transition of the ngo WWF-Australia.
Australian states want to boost the use of renewable energy, while Prime Minister Scott Morrison’s federal government bet on fossil resources, like gas and coal, in its formula for economic recovery after the covid-19 pandemic.