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New South Wales

“I’m an All-Pro [coal plant]… You’ll never be more than a replacement player!”

The potential early retirement of Eraring has been the talk of the market the past week. Many of our customers have been asking what the impacts of the retirement might be on the acceleration or development of new renewable capacity in NSW and potential storage projects. In this Chart of the week, we look at the effect of the lost generation from Eraring and how that capacity might be filled.

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NSW council considers making rooftop solar PV compulsory

More than 3 million Australian households and small businesses have voluntarily installed rooftop solar systems but a local council in New South Wales is looking to mandate the continued rollout, investigating the potential for all new homes built in its region to be required to have solar PV panels on the roof.

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NSW councils sign $180m renewable energy supply deal

A cohort of 25 New South Wales councils has signed a renewable energy supply deal worth an estimated $180 million that will see the local government associations supplied with electricity sourced from three of the state’s large-scale solar farms.

Australia’s biggest steelmaker refines its green steel plans

BlueScope Steel, the country’s largest steelmaker, is refining and progressing its plans to decarbonise its steel making process – considered to be one of the greatest opportunities for green hydrogen use.

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Eraring early closure sparks calls for co-ordinated approach

Origin Energy’s announcement that it is accelerating the closure of Australia’s largest coal-fired power station has triggered calls for the Federal Government to develop a nationally co-ordinated approach to manage the retirement of fossil fuel generation as well as support investment in new clean energy generation.

7

ElectraNet announces ‘major’ milestone for interstate transmission project

Major construction work on the first new electricity interconnector to be built between Australian states in 15 years has commenced with transmission company ElectraNet confirming work has begun on the South Australian section of the $2.3 billion Project EnergyConnect which will link power grids across three states, potentially unlocking gigawatts of renewable energy projects in its path.

Investors float 40GW of renewable energy projects for Hunter-Central Coast REZ

Renewable energy investors have again shattered the New South Wales Government’s expectations with more than 80 clean energy projects representing more than $100 billion of potential investment registering for the Hunter-Central Coast Renewable Energy Zone.

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Councils unite to secure renewable energy purchase agreement

A group of New South Wales local councils have banded together to secure a power procurement agreement with solar-focused electricity retailer Mojo Power that they say will allow them to satisfy the electricity demands of their major infrastructure with 100% renewable energy while providing a path for participants to reduce their overall emissions.

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NSW network provider steps up standalone power system plans

Standalone power systems utilising solar PV and battery technology continue to gain traction in the Australian market with New South Wales Government-owned network service provider Essential Energy announcing it will seek input from customers living at the “edge of the grid” as it seeks to expand its roll out of the off-grid technology.

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Investors submit 34 GW of wind, solar and storage for NSW renewable zone

Renewable energy investors’ appetite for large-scale development in Australia appears far from sated with the New South Wales Government revealing almost 50 new solar PV, wind and energy storage projects, totalling more than 34 GW, have been proposed for the South-West Renewable Energy Zone.

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