Queensland Premier Annastacia Palaszczuk has launched a $62 billion energy and jobs plan, which includes the biggest pumped hydro scheme in the world. The government is also planning to convert publicly owned coal-fired power stations into clean energy hubs from 2027.
The Queensland government has today announced $22 million for detailed design and cost analysis for a new pumped hydro facility at Borumba Dam, west of the Sunshine Coast.
Canadian behemoth Atco has purchased the rights to develop the 325 MW Central West Pumped Storage Hydro Project in Central West New South Wales and credits the investment to policy certainty from the NSW Government. As a significant firming agent the project is ideally placed in the state’s proposed Central West-Orana Renewable Energy Zone
The Australian Renewable Energy Agency (ARENA) is providing nearly one million dollars for a study that will analyze the benefits that pumped hydro energy storage would have on the development of the New England Renewable Energy Zone in northern New South Wales.
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