Victoria’s Net Zero Transmission Plan Blows Out to $7.9 Billion

The government is pushing to finalise 6 renewable energy zones for Australia’s second most populous state,
Victoria’s Net Zero Transmission Plan Blows Out to $7.9 Billion
Solar panels are seen on the rooftop at AGL's Docklands office in Melbourne, Australia on Aug. 20, 2015. Scott Barbour/Getty Images
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Victorian taxpayers face a $7.9 billion (US$5.1 billion) bill to cover transmission infrastructure for the state’s push towards net zero.

The figure outstrips an earlier estimate in June for the project to cost $4.3 billion.

Monica O’Shea
Monica O’Shea
Author
Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]