Renewable Energy Services Hub Project

In November 2024, workshops were held with industry to develop initiatives that best capitalise on Bell Bay/Tasmania's comparative advantages. During consultations with industry stakeholders, several key challenges were identified.

Businesses expressed concerns about the need for clearer coordination and leadership to guide investment in the renewable energy sector. Many highlighted delays in approvals as a significant barrier to progress, reducing Tasmania’s ability to compete with other regions. Others pointed to limitations in infrastructure, workforce skills, and housing, which are making it difficult to scale up local capacity. Additionally, there was concern about the reliance on international supply chains, which is limiting opportunities for local businesses and job creation.

If successfully implemented, the Renewable Energy Services Hub has the potential to accelerate Tasmania’s transition to renewable energy, boost economic growth, and create local employment opportunities. By improving industry coordination, increasing investment, and strengthening the local workforce, the project could support Tasmania’s ambition to be at the forefront of clean energy development.

ReCFIT is reviewing the feedback received and will present options to the Government in early 2025. Further updates will be provided as work progresses, ensuring that stakeholders and the community are informed about the next steps in building a strong and sustainable renewable energy sector at Bell Bay.

View the consultation summary report (PDF 237.1 KB)

Tasmania is poised to benefit significantly from the global transition to renewable energy. A pipeline of projects across the state is expected to unlock major commercial opportunities for businesses.

At present, there are over 20 proposed renewable generation and storage projects in Tasmania (excluding offshore developments). Together, these projects represent an estimated $17 billion in construction investment, supporting almost 4,000 construction jobs and 300 ongoing roles. Even if only part of this activity is delivered locally, the economic uplift for Tasmania could be substantial.

Opportunities will emerge across different timelines. Solar projects are expected within the next 12–18 months, onshore wind developments within the next two to five years, and large-scale offshore wind construction, operations and maintenance will extend through to the 2050s. To capture value, Tasmanian businesses must understand both their current capabilities and how these can be expanded to meet the needs of the sector.

This booklet has been developed in consultation with CoreMarine Director and RESH Advisor, Sean Van Steel, to provide a practical first step. It outlines the supply chain deliverables required for renewable and future industry projects, supported by a demand overview and timeline to help businesses anticipate the scale and timing of opportunities. The accompanying spreadsheet reflects the longer-term outlook of this demand overview.

These tools lay out the groundwork for a broader government support program, which will continue to evolve as Tasmania’s renewable energy and future industries mature.

• Renewable Energy Services Hub – Tasmania’s Supply Chain Opportunities (PDF 3.0 MB) booklet
• Renewable Energy Services Hub – Supply Chain Demand Schedule (XLSX 615.5 KB) spreadsheet
• Supply Chain Opportunities webinar: https://www.youtube.com/watch?v=TlqrRO797hs

The demand schedules presented here are intended for general informational and illustrative purposes only. They do not constitute financial advice and should not be used as the sole basis for any investment or business decisions. The Department of State Growth does not guarantee the accuracy or reliability of this material and assumes no responsibility for actions taken based on its content. The Department of State Growth strongly recommends that users obtain their own professional advice before making any decisions on the basis of this information.