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Pumped Hydro

Queensland launches early works on 2 GW pumped hydro project

One of Queensland’s largest clean energy projects has reached a new milestone with exploratory works and detailed site investigations commencing for the proposed 2 GW Borumba Dam pumped hydro project being developed near Gympie in the state’s southeast.

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BHP signs renewable PPA for Queensland coal mines

Australia’s biggest coal miner has inked a major renewable energy deal that will utilise solar, wind and pumped hydro to provide about half the forecasted electricity demand of its central Queensland operations.

Snowy Hydro plans contract reset amid $12 billion cost blowout

Snowy Hydro has revealed the budget for the Snowy 2.0 project has blown out to $12 billion (USD 7.8 billion) and the giant pumped hydro storage project is now expected to commence operations seven years later than originally scheduled.

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Genex reaches construction milestone on 2 GWh pumped hydro project

The first pumped hydro energy storage project to be delivered in Australia in 40 years is on track for energisation in 2024 with developer Genex Power announcing that the Kidston pumped hydro project is now more than halfway through construction.

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Battery capacity overtakes pumped hydro in NEM

The energisation of two new battery projects totalling a combined 150 MW has seen the charging capacity from grid-scale battery energy storage systems surpass that of pumped hydro in Australia’s national grid.

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Atco applies brake to 2,600 MWh pumped hydro project

A 325 MW/2,600 MWh pumped hydro project planned for the New South Wales central west faces an indefinite delay with developer Atco announcing it will hold off on the next stage of the regulatory approvals process until the state government’s policy frameworks “are close to being able to support financial investment decisions for large-scale infrastructure.”

Genex lands $45 million funding package for pumped hydro and solar and battery projects

Australian renewable energy developer Genex Power has entered into agreements with Japanese electric utility J-Power to receive a multi-million-dollar funding package that will support the delivery of its 2 GWh pumped hydro project in northern Queensland and the development of the 2 GW Bulli Creek solar and battery project in the state’s southeast.

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NSW firming tender reaches almost 1 GW with federal scheme support

New South Wales will be the test bed for the Commonwealth-funded Capacity Investment Scheme with the federal government to underwrite investment that will help deliver almost 1 GW of firmed renewable energy capacity to support the state’s rapidly changing energy market.

Key contracts awarded for 120 GWh pumped hydro project

The Queensland government has awarded two key contracts for what it says will be the largest pumped hydro energy project in the world, with the proposed 5 GW/120 GWh Pioneer-Burdekin pumped hydro energy storage system to form a cornerstone of the state’s energy transition.

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Queensland looks to legislate 80% renewable energy by 2035

Queensland has laid out an ambitious vision for the state’s energy future, releasing draft legislation that calls for an additional 22 GW of new wind and solar projects by 2035, supported by at least 12 GW of storage, firming and dispatchable technologies including grid-scale batteries and pumped hydro storage.

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