Get all your news in one place.
100's of premium titles.
One app.
Start reading
AAP
AAP
Politics
Callum Godde

Vic to bring back public energy ownership

Victoria's energy network will partially return to public hands and be powered almost entirely by renewable sources under a re-elected Labor government.

The Andrews government has set its sights on reviving the State Electricity Commission and for it to be 51 per cent public owned, with the super industry seen as the government's preferred investor for the 49 per cent minority stake.

Under the plan, $1 billion would be poured into renewable energy projects to create 4.5 gigawatts of power to replace lost capacity from the early closure of the Loy Yang A coal-fired power plant in the Latrobe Valley.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.