Victoria is the first Australian state to introduce mandatory renewable energy targets through the Victorian Renewable Energy Target (VRET) scheme. This has provided a strong boost to the renewable energy sector and provides exciting opportunities for global businesses with new technologies in this area.
Melbourne is leading the uptake of renewable energy and waste minimisation technologies in Australia. Growth areas include:
There is strong commitment to environmental sustainability in Melbourne. The environmental technology agenda is powered by a range of research and support programs. One such program, the Energy Technology Innovation Strategy (ETIS), is focused on the containment of greenhouse gases from brown coal electricity generation and driving improvements in energy efficiency. Similarly Melbourne universities and colleges, offer a wide range of research and study opportunities in sustainable energy and resource and environmental management.