Despite the development of new technologies to decarbonise the alumina industry the sector will require large amounts of renewable energy if it is to meet it’s 2035 targets, according to a new report from ARENA.
A re-elected Victorian Labor government would adopt a world-leading emissions reduction target for 2035, and would advance the state's net-zero deadline by five years.
The Clean Energy Finance Corporation will provide a discount loan to cover 80% of the cost of the $3.8 billion Marinus Link undersea interconnector, and will also lend $750 million for a Victorian-NSW interconnector.
Proponents of six solar farm projects have submitted the winning bids in Victoria's second-round renewables auction, including a joint venture that involves the Clean Energy Finance Corporation.