The Victorian Government has committed to two renewable energy targets: 25 per cent by 2020 and 40 per cent by 2025. This will be supported by the Victorian Renewable Energy Auction Scheme, a reverse auction to fund 650 MW of new renewable energy, with 100 MW of this specifically for large-scale solar. The scheme is the largest renewable energy reverse auction in Australia and will result in a significant increase in renewable energy projects in Victoria. It is a condition of the auction that the successful projects will begin commercial operation before the last quarter of 2020, with an overarching goal of reducing emissions by 16 per cent by 2035.