ANALYSIS

A tale of two approaches: How does Victoria’s energy plan differ from the 2024 ISP?

The release of the Victorian Government’s energy plan – Cheaper, Cleaner, Renewable: Our Plan for Victoria’s Electricity Future, outlines the Government’s roadmap and what will be needed to reach an ambitious emission reduction target of net zero by 2045. Like AEMO’s 2024 Integrated System Plan (ISP), Victoria sees wind and solar as key pillars to their transition, along with battery storage. So, what does it believe it will need to achieve net zero, and how does this differ from the ISP? We take a closer look.