Deputy PM supports GeelongPort offshore wind terminal

October 2, 2024

Deputy Prime Minister and Federal Member for Corio Richard Marles and Member for Lara Ella George MP joined GeelongPort to showcase preparations for GeelongPort’s Renewables Terminal.

GeelongPort announced plans in July 2022 to develop up to 25 hectares of land at its Oyster Cove site and build a new offshore wind farm terminal to support Victoria’s growing renewables industry in the Gippsland and Southern Ocean zones.

New designs showcase the way the Geelong Renewables Terminal has been designed for a streamlined environmental approvals pathway to support the delivery of the project in late 2028 or early 2029, in line with the Victorian Government’s development targets.

GeelongPort’s site at Oyster Cove has the required space and berth depth for an offshore wind terminal to facilitate the supply of wind farm equipment to Victoria’s offshore wind development zones.

At an event convened by Committee for Geelong, Deputy Prime Minister and Federal Member for Corio Richard Marles, said the Geelong Renewables Terminal would play an important role in driving the growth of renewable energy and boosting the Geelong region economy.

“Unlocking the power of offshore wind in Australia will help power the nation.

“Projects like the Geelong Renewables Terminal will be important as we work towards becoming a renewable energy superpower, contributing to Australia’s 2050 net zero emissions target and I am pleased to support this project.

“This will see significant economic benefits for the wider Geelong region, with the project forecast to create more than 4,200 direct and indirect jobs for Victorians during construction and an additional 850 once operational.”

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