REZs provide a number of benefits and efficiencies, including:
- Grid efficiency: Concentrating renewable energy projects in designated zones helps optimise the use of existing grid infrastructure and can reduce the need for extensive new transmission lines.
- Environmental protection: By carefully selecting zones, the government aims to minimise environmental impacts and avoid ecologically sensitive areas.
- Economic growth: REZs promote regional economic development by attracting investment, creating jobs, and supporting local industries.
- Streamlined development: REZs help provide certainty for energy developers by pre-identifying suitable areas, which speeds up the approvals process and reduces the time and costs associated with project development.