Tag: SEC
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Labor’s SEC fails to deliver for Victorians

In 2023, the government committed an initial $1 billion to the SEC to help deliver 4.5 gigawatts of power through renewable energy projects, in which the Victorian government would take a majority stake. Energy experts argued that “wouldn’t buy much” in a transition from fossil fuels expected to cost around $320 billion nationally. SEC Victoria Pty Ltd has two…