Financial Ports

Australia’s 2 GW offshore wind auction: the race to power 1.5 million homes

CLAVE 1 / 4Australia’s first offshore wind auction is now live, targeting 2 GW of capacity in Victoria state.

CLAVE 2 / 4The tender could power up to 1.5 million homes, replacing aging coal-fired plants amid growing electricity demand.

CLAVE 3 / 4Bids will be assessed on value for money, deliverability, and benefits for local workers and businesses.

CLAVE 4 / 4Victoria aims for 9 GW of offshore wind by 2040, the first state in Australia to legislate such targets.

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