{"id":4345,"date":"2023-04-25T14:54:56","date_gmt":"2023-04-25T04:54:56","guid":{"rendered":"https:\/\/delburn.askcharlyleetham.com\/?page_id=4345"},"modified":"2026-02-01T16:29:29","modified_gmt":"2026-02-01T05:29:29","slug":"economy","status":"publish","type":"page","link":"https:\/\/delburnwindfarm.au\/prod\/economy\/","title":{"rendered":"Economy"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"4345\" class=\"elementor elementor-4345\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6152587e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6152587e\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-30bb1980\" data-id=\"30bb1980\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-779d39f elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"779d39f\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInDown&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Economy<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-383754f5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"383754f5\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-66 elementor-top-column elementor-element elementor-element-6eb185db elementor-invisible\" data-id=\"6eb185db\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;animation&quot;:&quot;fadeIn&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3e628942 elementor-widget elementor-widget-heading\" data-id=\"3e628942\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Overview<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-719b777 elementor-widget elementor-widget-text-editor\" data-id=\"719b777\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>An Economic Impact Assessment prepared by Jacobs discusses the potential economic impacts associated with the Project. The Assessment provides a summary of the regional socio-economic baseline across the Latrobe, Baw Baw and South Gippsland municipalities and examines the impacts of the project in this context.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c5cac99 elementor-widget elementor-widget-heading\" data-id=\"c5cac99\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Methodology<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-285f965a elementor-widget elementor-widget-text-editor\" data-id=\"285f965a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>To complete the economic impact assessment a review of ABS data and Remplan statistics (where ABS data is unavailable) to determine the socioeconomic baseline followed by input-output (IO) modelling using two economic impact analysis tools:<\/p><ul><li>an IO Tool developed at Flinders University; and<\/li><li>Clean Energy Council (CEC) methods in its \u2018Wind Farm Investment, Employment and carbon abatement in Australia\u2019 report.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-6fb15da7 elementor-invisible\" data-id=\"6fb15da7\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;animation&quot;:&quot;fadeInRight&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2b0974a6 elementor-widget elementor-widget-heading\" data-id=\"2b0974a6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Quick Links<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-389d3337 premium-type-column elementor-widget elementor-widget-premium-icon-list\" data-id=\"389d3337\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;rbadges_repeater&quot;:[]}\" data-widget_type=\"premium-icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<ul class=\"premium-bullet-list-box\">\r\n\t\t\t\t\r\n\t\t\t\t\t\t\t<li class=\"premium-bullet-list-content elementor-repeater-item-57f5348\">\r\n\t\t\t\t\t\t\t\t<div class=\"premium-bullet-list-text\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"premium-bullet-list-wrapper\">\r\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"premium-drawable-icon\"><i class=\"premium-svg-nodraw fas fa-arrow-alt-circle-right\" aria-hidden=\"true\"><\/i><\/div>\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\t<div class=\"premium-bullet-list-text-wrapper\">\r\n\t\t\t\t\t\t\t\t\t\t<span class=\"premium-bullet-text\" data-text=\"Existing Conditions\"> Existing Conditions <\/span>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t<\/div>\r\n\r\n\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"premium-bullet-list-link\" aria-label=\"Existing Conditions\" href=\"https:\/\/delburnwindfarm.au\/economy\/#existing-conditions\">\r\n\t\t\t\t\t\t\t\t\t\t<span>Existing Conditions<\/span>\r\n\t\t\t\t\t\t\t\t\t<\/a>\r\n\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t<\/li>\r\n\r\n\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t<li class=\"premium-bullet-list-content elementor-repeater-item-fd4f8dc\">\r\n\t\t\t\t\t\t\t\t<div class=\"premium-bullet-list-text\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"premium-bullet-list-wrapper\">\r\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"premium-drawable-icon\"><i class=\"premium-svg-nodraw fas fa-arrow-alt-circle-right\" aria-hidden=\"true\"><\/i><\/div>\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\t<div class=\"premium-bullet-list-text-wrapper\">\r\n\t\t\t\t\t\t\t\t\t\t<span class=\"premium-bullet-text\" data-text=\"Project Impacts\"> Project Impacts <\/span>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t<\/div>\r\n\r\n\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"premium-bullet-list-link\" aria-label=\"Project Impacts\" href=\"https:\/\/delburnwindfarm.au\/economy\/#project-impacts\">\r\n\t\t\t\t\t\t\t\t\t\t<span>Project Impacts<\/span>\r\n\t\t\t\t\t\t\t\t\t<\/a>\r\n\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t<\/li>\r\n\r\n\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t<li class=\"premium-bullet-list-content elementor-repeater-item-7a36d56\">\r\n\t\t\t\t\t\t\t\t<div class=\"premium-bullet-list-text\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"premium-bullet-list-wrapper\">\r\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"premium-drawable-icon\"><i class=\"premium-svg-nodraw fas fa-arrow-alt-circle-right\" aria-hidden=\"true\"><\/i><\/div>\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\t<div class=\"premium-bullet-list-text-wrapper\">\r\n\t\t\t\t\t\t\t\t\t\t<span class=\"premium-bullet-text\" data-text=\"Other Impacts Assessed\"> Other Impacts Assessed <\/span>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t<\/div>\r\n\r\n\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"premium-bullet-list-link\" aria-label=\"Other Impacts Assessed\" href=\"https:\/\/delburnwindfarm.au\/economy\/#other-impacts-assessed\">\r\n\t\t\t\t\t\t\t\t\t\t<span>Other Impacts Assessed<\/span>\r\n\t\t\t\t\t\t\t\t\t<\/a>\r\n\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t<\/li>\r\n\r\n\t\t\t\t\t\t\t\t\t\t<\/ul>\r\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-30ad26eb elementor-cta--skin-cover elementor-cta--valign-bottom elementor-cta--sequenced-animation elementor-animated-content elementor-bg-transform elementor-bg-transform-zoom-in elementor-widget elementor-widget-call-to-action\" data-id=\"30ad26eb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"call-to-action.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-cta\">\n\t\t\t\t\t<div class=\"elementor-cta__bg-wrapper\">\n\t\t\t\t<div class=\"elementor-cta__bg elementor-bg lazyload\" style=\"background-image:inherit;\" role=\"img\" aria-label=\"Close up of Strzelecki Gum leaves\" data-bg-image=\"url(https:\/\/delburnwindfarm.au\/prod\/wp-content\/uploads\/2023\/02\/Close-up-of-Strzelecki-Gum-leaves.jpg)\"><\/div>\n\t\t\t\t<div class=\"elementor-cta__bg-overlay\"><\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-cta__content\">\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<h3 class=\"elementor-cta__title elementor-cta__content-item elementor-content-item elementor-animated-item--grow\">\n\t\t\t\t\t\tQuestions?\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-cta__description elementor-cta__content-item elementor-content-item elementor-animated-item--grow\">\n\t\t\t\t\t\tContact our team if you have any questions about the project.\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-cta__button-wrapper elementor-cta__content-item elementor-content-item elementor-animated-item--grow\">\n\t\t\t\t\t<a class=\"elementor-cta__button elementor-button elementor-size-md\" href=\"https:\/\/delburnwindfarm.au\/contact\/\">\n\t\t\t\t\t\tContact Us\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-da6b4f7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"da6b4f7\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-348b1a4 elementor-invisible\" data-id=\"348b1a4\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;animation&quot;:&quot;fadeInLeft&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-24ebf471 elementor-widget elementor-widget-menu-anchor\" data-id=\"24ebf471\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-menu-anchor\" id=\"existing-conditions\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-328a55c5 elementor-widget elementor-widget-heading\" data-id=\"328a55c5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Existing Conditions<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-519988c elementor-widget elementor-widget-text-editor\" data-id=\"519988c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Population growth in Latrobe and South Gippsland is slower than across the balance of Victoria, a trend that is forecast to continue. The EIA identifies that major projects such as the Delburn Wind Farm may help retain population in Latrobe and South Gippsland by providing medium- and long-term employment and income earning opportunities for existing residents and businesses.<\/p><p>There is a need for projects to support the Gross Regional Product (GRP \u2013 net measure of wealth generated by a region) across Baw Baw, Latrobe and South Gippsland council areas. The economies of these areas are expected to be significantly impacted by the COVID-19 pandemic into the 2021-22 financial year. There is also a need to continue diversifying the region\u2019s economy ahead of the planned retirement of coal-fired power generation within the Latrobe Valley.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-2a29b0da elementor-invisible\" data-id=\"2a29b0da\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;animation&quot;:&quot;fadeInRight&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2500bb2e elementor-widget elementor-widget-text-editor\" data-id=\"2500bb2e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Unemployment rates have decreased over recent years; however, it is expected that unemployment rates will double in Baw Baw, Latrobe and South Gippsland as a result of the COVID-19 pandemic. The Assessment identifies that higher unemployment will increase workforce availability for the Project.<\/p><p>Within the three LGAs covered by the project there is a relatively high proportion of labourers, technicians and trades people that will be needed for the Project. There are also medium sized businesses within the transport, postal and warehousing industry in South Gippsland and within the manufacturing and construction businesses across the region to support the delivery of the Project.<\/p><p>Latrobe, Baw Baw and South Gippsland are relatively vulnerable to economic slowdowns as average household incomes are lower than the Victorian average and Latrobe also has a relatively high level of socio-economic disadvantage.<\/p><p>The project location represents an excellent opportunity for renewable energy generation in Victorian given its proximity to high-capacity transmission connections to the Victorian grid as well as a significant number of local employers with relevant skills.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6304c0e4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6304c0e4\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-55a0674b elementor-invisible\" data-id=\"55a0674b\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;animation&quot;:&quot;fadeInLeft&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-15233583 elementor-widget elementor-widget-menu-anchor\" data-id=\"15233583\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-menu-anchor\" id=\"project-impacts\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-23c79f1f elementor-widget elementor-widget-heading\" data-id=\"23c79f1f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Project Impacts<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fb9d0c3 elementor-widget elementor-widget-text-editor\" data-id=\"fb9d0c3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A number of assumptions have necessarily been made to inform the impact analysis, including:<\/p><ul><li>project timelines;<\/li><li>quantum of direct expenditure;<\/li><li>industry allocation of expenditure; and<\/li><li>location of expenditure.<\/li><\/ul><p>The Project is expected to generate substantial and ongoing economic benefits to the Latrobe, Baw Baw and South Gippsland municipalities by creating a new source of employment and injecting a significant amount of investment into the regional economies, which may help offset some of the projected economic slowdown and increases in unemployment.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-4d77cb85 elementor-invisible\" data-id=\"4d77cb85\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;animation&quot;:&quot;fadeInRight&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-48b9864b elementor-widget elementor-widget-text-editor\" data-id=\"48b9864b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The combined construction and operation of the Project is expected to create a $106 million increase in GRP across the three LGAs over a 32 year period comprising $22.5 million per annum during the two year construction period and $2.1million per annum over the 30 years of operation.<\/p><p>The Project is expected to create an additional 186 full-time equivalent jobs during the construction period and an additional 25 ongoing full-time equivalent jobs over the 30-year period of operation. This will assist with alleviating the projected economic slowdown and rising unemployment partly resulting from the closure of coal-fired power stations within the Latrobe Valley, while leveraging existing infrastructure assets and utilise local skills sets.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-78af9fed elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"78af9fed\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-1dca8ba8 elementor-invisible\" data-id=\"1dca8ba8\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;animation&quot;:&quot;fadeInLeft&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b512e45 elementor-widget elementor-widget-menu-anchor\" data-id=\"b512e45\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-menu-anchor\" id=\"other-impacts-assessed\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4948328d elementor-widget elementor-widget-heading\" data-id=\"4948328d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Other Impacts Assessed<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-652ddf elementor-widget elementor-widget-text-editor\" data-id=\"652ddf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Property Value: it is considered unlikely that there will be any adverse impact on property values at any stage of the Project\u2019s development.<\/p><p>Land owner income: annual lease payment of approximately $1.5 million to host land owner, and $500,000 per annum in neighbour contributions to be shared between the 103 dwelling owners within 2 kilometres of the wind farm.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-105181a7 elementor-invisible\" data-id=\"105181a7\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;animation&quot;:&quot;fadeInRight&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-54477fc5 elementor-widget elementor-widget-text-editor\" data-id=\"54477fc5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Community Benefits: $150,000 per annum contribution to a Community Development Fund to support community and environment programs, 6.2 km of local roads to be upgraded and repaired and $403,000 per annum in municipal charges contributed to Latrobe, Baw Baw and South Gippsland Councils under the\u00a0Electricity Industry\u00a0Act 2000.<\/p><p>Energy Impacts:\u00a0approximately 590,000MWh of renewable energy generated each year, which will assist the Victorian Government in meeting renewable energy targets and make up lost generation capacity following the retirement of the Latrobe Valley coal-fired power stations.<\/p><p>Environmental Impacts: the potential to reduce carbon emissions and produce benefits of up to approximately $9.5 million each year or $285.7 million over the Project\u2019s 30-year life.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-33cf6ebc elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-invisible\" data-id=\"33cf6ebc\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeInUp&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-70220f6e\" data-id=\"70220f6e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2dec2461 elementor-widget elementor-widget-heading\" data-id=\"2dec2461\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Connect With Us<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-91d6b9a elementor-widget elementor-widget-text-editor\" data-id=\"91d6b9a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>To stay informed with project updates, visit <a href=\"https:\/\/www.secvictoria.com.au\/investments\/sec-delburn-wind-farm\" target=\"_blank\" rel=\"noopener\">secvictoria.com.au<\/a>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-324cbbe4 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"324cbbe4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.secvictoria.com.au\/investments\/sec-delburn-wind-farm\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Learn More<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Overview An Economic Impact Assessment prepared by Jacobs discusses the potential economic impacts associated with the Project. The Assessment provides a summary of the regional socio-economic baseline across the Latrobe, Baw Baw and South Gippsland municipalities and examines the impacts of the project in this context. Methodology To complete the economic impact assessment a review [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":5025,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-4345","page","type-page","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/delburnwindfarm.au\/prod\/wp-json\/wp\/v2\/pages\/4345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/delburnwindfarm.au\/prod\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/delburnwindfarm.au\/prod\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/delburnwindfarm.au\/prod\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/delburnwindfarm.au\/prod\/wp-json\/wp\/v2\/comments?post=4345"}],"version-history":[{"count":0,"href":"https:\/\/delburnwindfarm.au\/prod\/wp-json\/wp\/v2\/pages\/4345\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/delburnwindfarm.au\/prod\/wp-json\/wp\/v2\/media\/5025"}],"wp:attachment":[{"href":"https:\/\/delburnwindfarm.au\/prod\/wp-json\/wp\/v2\/media?parent=4345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}