![]() ![]() Our SEC will help find and train the next generation of tradespeople: maintenance workers, electricians – but also welders, painters and mechanics. Since Victoria’s energy was privatised, we’ve experienced a chronic shortage of workers in trades. The Labor Government will also deliver a $424 million energy and training package to help workers upskill, with 6,000 positions for apprentices and trainees. The SEC will help deliver the Labor Government’s nation-leading renewable energy and emissions targets – hitting 95 per cent renewable energy by 2035 and net zero by 2045, creating 59,000 jobs by 2035 and increasing Gross State Product by about $9.5 billion. Renewables will replace coal, and these new ‘power stations’ will be owned by every Victorian, to benefit every Victorian, with the Government holding a controlling interest in these projects.Īn investment of $20 million will prepare the SEC for its new role in our energy market, including setting up an office at the GovHub in Morwell and an office in Melbourne. ![]() The Government will initially invest $1 billion towards delivering 4.5 gigawatts of power – the equivalent replacement capacity of Loy Yang A – through renewable energy projects. The SEC will become an energy market proponent under the Labor Government’s 10-year plan to deliver cleaner, cheaper energy, with all profits invested back into the energy system – making sure it’s the Victorian public, not offshore coal companies, who enjoy the returns. Interim CEO Chris Miller was previously Deputy Secretary, Tourism and Events at the Department of Jobs, Precincts and Regions, a senior executive at the Department of Premier and Cabinet, advising the Premier on energy, infrastructure, transport and planning, and held various positions at EnergyAustralia and King & Wood Mallesons. On behalf of all Victorians, two shares in the SEC will be held by the Treasurer and Premier as a fully state-owned energy company. John Bradley, Secretary of the Department of Energy, Environment and Climate Action (DEECA) and an energy expert in his own right, will chair the Panel, which will include other eminent experts in energy, investment and commercial risk management, industry development, engineering and consumer advocacy. The Government has named Chris Miller as Interim Chief Executive Officer of the SEC, who will work with a special SEC Expert Advisory Panel to revive the Commission under the responsibility of the Minister. The Labor Government is delivering public ownership of energy resources by reviving the SEC as an active energy market participant to build new renewable energy projects – and the Governor in Council has this week declared the SEC a reorganising body under the State Owned Enterprises Act. ![]() Minister for the State Electricity Commission Lily D’Ambrosio today announced the first steps to bringing back government-owned renewable energy are underway, including the transfer of the SEC to the new Ministry, naming an interim CEO and the creation of an SEC Expert Advisory Panel. The Andrews Labor Government is driving down energy bills and emissions by reviving the State Electricity Commission (SEC) – delivering government-owned renewable energy to drive down power bills and put electricity back in the hands of Victorians. ![]()
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