Feasibility Licence for Gippsland Skies Offshore Wind Project

Urban Enterprise welcomes the Federal Government's decision to award a Feasibility Licence to Gippsland Skies Offshore Wind project.

The proposed 2.5 GW fixed bottom wind farm is being led by a consortium comprising Mainstream Renewable Power, Reventus Power, AGL and DIRECT-Infrastructure.

Urban Enterprise provided expert economic analysis to support the application through a Socioeconomic Benefit Assessment. Our work identified and assessed the suite of socioeconomic benefits and impacts that the project could generate over its lifecycle.

The first phase of the project is expected to be operational in 2032, contributing significantly to the Victorian Government’s offshore wind targets of at least 2 GW by 2032 and 4 GW by 2035.

When fully operational, this project could power up to 1.4 million Victorian homes.