Offshore - Renewable

Victoria Launches First Australian Offshore Wind Auction for 2GW

Victoria has opened the first Australian offshore wind auction for an initial 2GW, with bids closing in August 2027 and contracts expected to be awarded in 2028.

Image source: Shutterstock / ID-500223352

25, August 2026
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Victoria has launched the first Australian auction for offshore wind capacity, opening a Request for Proposal process for an initial 2GW.

The Victorian government said the 2GW allocation could provide enough electricity for around 1.5 million homes each year. The auction forms part of the state’s pathway towards a 9GW offshore wind target.

Projects can now submit bids for contracts. According to Minister for Energy and Resources Jaclyn Symes, proposals will be assessed on value for money, deliverability and benefits for local workers, businesses and communities.

The auction is due to close in August 2027. Contracts are expected to be awarded in 2028.

Successful projects will then move towards investment, construction and operation. The contracts are also expected to be integrated into the national Electricity Services Entry Mechanism.

Symes said the auction would help move Australia’s first offshore wind projects towards construction.

Tags: 2GW Offshore Wind, Australia, Electricity Services Entry Mechanism, offshore wind, Offshore wind auction, renewable energy, Victoria

Editorial Note:
This article was prepared with the assistance of AI tools to enhance clarity and efficiency.
All information has been reviewed and verified by the HMT News editor.

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