Meridian Energy Australia’s previously delayed Mount Mercer Wind Farm in Victoria nears completion as the forthcoming Renewable Energy Target (RET) review cools industry confidence.
64 wind turbines with a collective capacity of 131 megawatts will be added to the National Electricity Market by midyear thanks to Meridian’s $260 million dollar investment outside of Elaine, Victoria.
The project will result in carbon dioxide emissions reductions of more than 400,000 tonnes per annum, and once complete, according to The Courier, “will generate enough renewable energy to power almost 100,000 homes – or the whole of Ballarat”.
Thus far the development has created more than 250 temporary jobs since construction began in 2012, and will produce a further 20 permanent maintenance positions for the life of the farm. But whether or not such benefits will be able to spread elsewhere relies for now on the outcome of July’s 2014 RET review and any doubts it might seed. Continue reading “RET Watch: Mt Mercer a RET success but future developments suffer”