New South Wales (NSW) has revealed it will be injecting $380 million (US$290 million) to develop its renewable energy arsenal as part of the state’s ambitious transition to net zero by 2050. The investment will reserve a sizable spot in the state’s to-be-announced 2021-22 budget and builds on $110 million (US$84 million) of existing funding commitments towards the Electricity Infrastructure Roadmap (EIR). The roadmap will have NSW, Australia’s most energy-dependent state, transform its entire electricity system as it retires all but one of its coal-fired power stations within the next 15 years. The EIR aims to develop an eye-watering output of 12 gigawatts, or one-fifth of the National Electricity Market’s (NEM) total capacity, through five Renewable Energy Zones—zones with energy generation, storage, and additional infrastructure all in close proximity. NSW Minister for Energy and Environment Matt Kean said the renewable energy funding was the biggest the state had ever seen. …