CANBERRA, AAP – Laws to allow offshore wind and other clean energy technologies to be built and operated have been introduced to parliament.
“The bill establishes a regulatory framework for a new Australian industry,” Energy Minister Angus Taylor told parliament on Thursday.
Leading developers are interested in setting up offshore wind farms.
Marinus Link, for Tasmania to export power to the mainland, and the Star of the South project to be located off the south coast of Gippsland are the most advanced projects.
Sun Cable’s proposed 3750-kilometre international offshore infrastructure project to take renewable solar energy from northern Australia to Singapore will also be covered by the new legislative framework.
The minister said there are another 10 other potential projects in the works.
Investment in more electricity infrastructure will make the whole system more stable and put downward pressure on prices, he said.
The package of laws for offshore electricity infrastructure covers the exploration, construction, operation and decommissioning of projects in Australian waters.
Laws and regulations for offshore wind farms were intended to be in place by the middle of this year.