NSW to Shift Towards Renewables, Unveils Energy Roadmap to Push for Private Investment

  • November 09, 2020 07:11 PM AEDT
  • Team Kalkine

New South Wales (NSW) to shift towards renewable energy from coal and aims to attract $32 billion of private investment into the sector by 2030.

Gold MTF non-AMP

  • The state decided to cut red tape and speed up approvals for businesses as four to five coal-fired power plants are anticipated to close in the next 15 years.
  • The current renewable energy plans of the state are expected to generate ~ 10,000 jobs while bringing in 12 gigawatts of wind and solar power generation capacity.

 

 


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