The Victorian Government has released the draft Renewable Energy Zone (REZ) Community Benefits Plan for consultation.
The plan recognises the role rural and regional communities play in the renewable energy transition by providing direct investment in projects.
A REZ Community Energy Fund will be created in each of the state’s six renewable energy zones where communities will be able to apply for funds for projects that improve power supply, lower energy bills and create jobs.
“We’re making sure regional and rural Victorians and Traditional Owners get the best outcomes from the energy transition with special funds to for community energy projects,” Minister for Energy and Resources Lily D’Ambrosio said.
“As our old coal fire generators close, new renewable energy and transmission infrastructure is critical to keeping the lights on and delivering energy reliability and affordability for all Victorians.”
Benefits for Traditional Owners will be developed as part of this plan through direct engagement and any benefits will need to deliver economic empowerment and support self-determination.
The funds for communities and Traditional Owners are in addition to payments to landowners that host transmission infrastructure.
VicGrid is visiting communities in May and June to discuss the draft plan through workshops and drop-in sessions.
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