The State Electricity Commission (SEC) is officially back, and set to lead Victoria’s renewable energy transition with a focus on supply, homes and people.

This strategic plan sets out three clear priorities for the next 10 years:

• Investing to accelerate the energy transition
• Supporting the switch to all-electric households
• Building a renewable energy workforce

The SEC will invest an initial $1 billion towards building 4.5 gigawatts of new power through renewable energy and storage projects. This investment will focus on increasing storage and onshore generation, and building industry confidence to attract further investment.

The SEC will supply to commercial and industrial customers, helping them manage their power bills while Victoria transitions to a net-zero emissions economy.

The SEC will also establish the SEC Centre of Training Excellence, and engage with schools, TAFEs and industry to support the attraction, training and retention of a skilled renewable energy workforce.