The Northern Territory (NT) and federal government have signed a landmark $250 million deal (USD 163.7 million) to upgrade and fund new transmission projects.
Propriety projects will support the Darwin-Katherine Interconnected System (DKIS), with potential for projects in Alice Springs and Tennant Creek to also receive support as part of the decarbonisation of the NT’s energy system.
The investment is made available through the $19 billion Rewiring the Nation (RTN) fund, administsered by the Clean Energy Finance Corporation (CEFC).
An agreement was also signed to deploy community-scale solar, rooftop solar and clean energy technologies to provide up to $500 in energy cost savings per year for consumers locked out of installing their own rooftop solar, like hardship customers, renters and apartment dwellers.
Federal Minister for Climate Change and Energy Chris Bowen said the RTN is about delivering jobs along with cleaner, cheaper and more secure energy for homes and businesses.
“When I visit communities driving this transformation, they ask for investment now, rather than in 20 years as proposed by the Opposition. The government is getting on with the job of delivering the energy transformation and lowering household power bills with more reliable renewables into our grid,” Bowen said.
NT Minister for Energy and Renewables Kate Worden alluded to the importance of battery technology to ensure reliable power supply as the Territory integrates more renewable energy into the electricity grid.
The federal government has negotiated five agreements under the RTN fund, with previous deals in New South Wales, Tasmania, Victoria and Western Australia.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.