Climate Change Strategy Phase 1: MidCoast Council
4.2 NSW State targets At a sub-national level, most states and territories have established emissions targets as well as some legislated targets for renewable energy, as seen below.
FIGURE 11: AUSTRALIA’S RENEWABLE ENERGY AND CARBON GOALS – STATE AND TERRITORY LEVEL
Supporting the NSW Government’s commitment to reach net zero emissions by 2050, NSW Government recently released its Net Zero Plan Stage 1: 2020–203012. This sees the first of three 10year plans released that will set a pathway to net zero emissions in NSW by 2050. In addition the NSW Government has developed a NSW Electricity Strategy13 which will help the State to deliver on its goal to attract renewable energy investment. On 27th November 2020 the NSW Government passed the Electricity Infrastructure Investment Bill (2020) which will help to drive the transition to renewables in the state in coming years by coordinating investment in new generation, storage and network infrastructure in New South Wales14. In the first instance a renewable energy zone (REZ) in Central West Orana will be developed, attracting significant private sector investment to developing new generation assets in this region. A larger renewable energy zone is to be developed in the New England region, with up to seven additional REZs’ to be developed in future, including a recently-announced REZ for the Hunter Valley region. The figures below show the approximate locations of the Central West Orana and New England REZs’.
12 13 14
© State of New South Wales 2020. Published March 2020 https://energy.nsw.gov.au/renewables/renewable-energy-zones https://www.parliament.nsw.gov.au/bill/files/3818/XN%20Electricity%20Infrastructure%20Investment%20Bill.pdf
Page 24
