Victoria’s new decarbonisation plan targets 8.5 GW energy storage by 2035

The government of Victoria, Australia, has unveiled a new decarbonisation plan aiming to boost energy storage capacity to 8.5 GW by 2035, up from the current 537 MW. This initiative is part of the state’s “Cheaper, Cleaner, Renewable: Our Plan for Victoria’s Electricity Future” roadmap, which seeks to increase renewable energy to 65% by 2030 and 95% by 2035. Currently, renewables account for around 38% of Victoria’s power. The plan predicts a 50% rise in…