GE Joins 500 MW Pumped Hydro Storage Project in Australia

• GE Renewable Energy and also Walcha Energy will jointly create the 500 MW Dungowan pumped hydro storage space project in the New England REZ in NSW, Australia.

GE Renewable Energy as well as Walcha Energy have signed an agreement to collectively develop the 500 MW Dungowan pumped hydro storage space project in the New England Renewable Energy Zone (REZ) in New South Wales (NSW), Australia. Under the arrangement, GE Renewable Energy's Hydro Solutions company will certainly offer Walcha Energy with technological and also industrial assistance to increase the development of the Dungowan pumped hydro storage space nuclear power plant which plays an essential role in the energy change for New South Wales and also Australia.

"The Dungowan Pumped Hydro Storage Power Plant will aid promote brand-new wind and also solar projects as well as offer firming as well as grid assistance services at a critical point on the Australian National Electricity Market. The project stands for an one-of-a-kind opportunity to tap into a high-head site, in close proximity to an existing reservoir. It is strategically situated between retiring coal capacity to the south as well as arising wind and solar capability to the east, west and north," said Simon Currie, Managing Director at Energy Estate, one of the partners in Walcha Energy.

Overall, the Walcha Energy Project has the potential to create more than 4 GW of stable electrical power from renewable resources. The Dungowan pumped hydro storage space power plant is meant to secure the wider advancement and also guarantee that the added wind and solar sources can be reliably and also safely fed into the grid.

"Nearly half of the greater than 8 GW of hydropower capability operating in Australia today is powered by our generators, generators or both. Nonetheless, it has actually been many years since brand-new hydro ability was constructed in Australia, so GE Renewable Energy is delighted and also happy to be at the forefront of the following wave of Australian hydropower capabilities," claimed Pascal Radue, CEO of GE Renewable Energy Hydro Solutions.

The New England REZ is among the biggest renewable energy zones in Australia and also has actually been marked as a strategic concern by the NSW Government. The Walcha Energy project has the possible to give as much as 15 percent of NSW's power demands. The Dungowan pumped hydro storage nuclear power plant would give regarding 2 percent of that power, enough to provide about 125,000 households with electricity.