New South Wales opens call for 8GW renewable resource zone

Jun 3, 2021 02:29 PM ET
  • The New South Wales federal government has actually launched an enrollment of interest procedure for Australia's biggest renewable resource area (REZ), which is anticipated to supply as high as 8GW of capability.
New South Wales opens call for 8GW renewable resource zone
Image: AGL Energy

Generation, storage as well as network designers with suggested or functional assets in the state's New England location have been asked to send feedbacks, with information from the process to be used to inform the most effective timing, layout and precise location of the area.

According to the NSW government, which has dedicated AU$ 78.9 million (US$ 60.9 million) to support the growth of the REZ, the location selected for the zone take advantage of remarkable all-natural solar and also wind resources as well as is reasonably near to existing grid infrastructure.

NSW's energy and also environment minister, Matt Kean, said the New England REZ will deliver AU$ 10.7 billion in private financial investment and will be an essential part of the state's Electrical energy Infrastructure Roadmap, which will certainly see it produce five renewable energy zones to replace existing power stations as they retire. With an integrated capability of 12GW, the zones will certainly remain in the regions of Central West as well as Orana, Illawarra, New England, South West as well as Hunter-Central Coastline.

Revealed in November, the roadmap is expected to bring in as much as AU$ 32 billion of private sector financial investment in electrical power infrastructure and create greater than 9,000 jobs by 2030, while aiding the state reach its objective of becoming net no by 2050.

The current ROI procedure comes after the state saw a nine-fold oversubscription in interest for its initial renewable energy area last year. The government obtained 113 enrollments of rate of interest, amounting to 27GW of ability, looking to connect to the 3GW zone in the Central West as well as Orana regions.

Current advancements in New South Wales's solar market have actually seen building start on the initial stage of a 720MW hybrid solar and battery project in the New England area, while French independent power producer Neoen was given the go-ahead in March to develop a 350MW PV plant alongside a 100MW/ 200MWh battery power storage system.

The call for registrations of passion in the New England REZ will certainly close on 16 July 2021.

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