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ARTICLE · 18 OCTOBER 2021

Australia Introduces The Offshore Electricity Infrastructure Bill 2021

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Despite plentiful natural resources and a healthy domestic demand for energy, Australia's offshore renewable energy sector has lagged behind comparable jurisdictions.

AustraliaEnergy and Natural Resources

In Short

The Situation:  Australia has had no regulatory regime for offshore renewable energy projects, and therefore very little investment in this sector. In 2020, the Australian Government committed to developing a regulatory framework for offshore renewable energy projects.

The Result:  On 2 September 2021, the Offshore Electricity Infrastructure Bill 2021 ("the Bill") was introduced into Australian Parliament. The Bill intends to regulate the construction, commissioning (and decommissioning), operation and maintenance of offshore electricity infrastructure projects in Commonwealth waters (beyond three nautical miles of the coast). 

Looking Ahead:  If passed,the Bill is expected to provide the regulatory certainty and the approvals pathways necessary to facilitate investment in Australia's offshore renewable energy sector. The Bill is expected to enable billions of dollars of investment in Australia's offshore renewable energy sector, with most of the

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