Premier Jacinta Allan outlines Victoria's plan to revive the State Electricity Commission

ABC NEWS (Australia)

The state government has unveiled its strategic plan to boost renewable energy and transition away from fossil fuels. It's centred on reviving the state electricity commission.

Transcript

00:00 The rebooted State Electricity Commission has three main priorities.

00:06 Firstly, investment.

00:07 The SEC will have $1 billion to spend on more infrastructure to generate wind and solar

00:13 energy as well as batteries to store power.

00:16 That and other existing government projects are expected to generate around 6.7 gigawatts

00:21 of electricity.

00:23 And the aim is to fully power all government institutions including public hospitals, schools

00:28 and police stations.

00:30 And it will be the SEC that will be providing that 100% electricity supply, all renewables

00:37 by 2025.

00:38 The government also wants the SEC to effectively be a retailer to supply power to industrial

00:44 and commercial customers, competing directly with other providers.

00:48 It's a little bit like, you know, what would Collingwood and Brisbane say if the AFL decided

00:53 they didn't like the way the game played and they put their own team on the field.

00:56 That doesn't, you know, the other competitors would like that very much.

00:59 This plan's been hailed by proponents including billionaire Mike Cannon-Brooks.

01:04 But what does this mean for households and the hip pocket?

01:07 At this stage there is nothing new.

01:09 The SEC won't be selling power directly to households.

01:12 So its second priority is to simply advise and inform Victorians on how we can fully

01:17 electrify our homes with efficient appliances and using existing rebates to buy solar panels

01:23 and heat pump hot water systems.

01:25 Even existing homes right now, if they become all electric, that with solar they can take

01:32 60% off their energy bills every year.

01:35 It will be supporting customers through the degasification and electrification program

01:40 in Victoria and that is something that has to be done.

01:43 And the third priority, jobs.

01:44 The SEC's plans need a big workforce and the government is promising to create nearly

01:50 60,000 direct jobs.

01:52 [BLANK_AUDIO]

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