Grant of first feasibility licences

In a significant milestone for the Australian offshore renewables sector, the Minister for Climate Change and Energy Chris Bowen has announced the granting of the first feasibility licences in the Gippsland declared area, offshore Victoria.

These licences provide developers the right to assess whether a proposed offshore infrastructure project, such as a commercial offshore wind farm, would be feasible.

As part of the assessment process, licence holders will be required to carry out a variety of studies and investigations to ensure any uncertainties or risks are identified and ascertain whether it is viable to progress to a full-scale commercial project.

The long-term sustainability of the offshore renewables sector will be contingent on early projects being undertaken in a safe and responsible manner. 

For more information, please visit the Department of Climate Change, Energy, the Environment and Water, or read Minister Bowen's media statement here.