Australia | Winds of change: New era for offshore energy industry set to blow in

If all the proponents demonstrate the viability of their projects and gain development approval, the Gippsland wind fleet could generate up to 25 gigawatts of electricity – 40 per cent of the grid’s current capacity – and create a combined 15,000 construction jobs and 7500 ongoing roles.

Offshore wind generates what is known as baseload-like power, which means the wind turbines can provide electricity more consistently and reliably than land-based wind and solar farms.

The electricity market operator has forecast that 80 per cent of Australia’s coal plants will be shut by 2032, with the last plant to close by 2038.

Offshore Wind and Hydrogen