Transgrid

Network operator Transgrid has completed a $236 million upgrade to the Queensland-New South Wales Interconnector to facilitate the increased flow of electricity between the two states and reduce constraints on the New South Wales transmission network.

New South Wales network operator TransGrid has completed a critical transmission upgrade designed to future proof the electricity grid in Australia’s largest city, securing the energy needs of more than 800,000 people living and working in Sydney’s CBD and surrounding areas.

The chief of the Australian Energy Market Operator has declared the need to integrate greater levels of cheap, clean, renewable generation, and the right firming capacity into the national electricity market to ensure Australia’s energy system stays functional through a “once in a generation energy transition”.

New South Wales transmission network owner Transgrid has commenced construction on its section of the $2.3 billion Project EnergyConnect, the high-voltage electricity transmission interconnector that will link power grids across three states, unlocking gigawatts of planned renewable energy projects.

Transgrid and the Commonwealth Government have come to a $75 million underwriting agreement for the construction of the Victoria to New South Wales Interconnector West, a key piece of network infrastructure in the Australian Market Operator’s Integrated System Plan for the increased integration of renewables and maintaining reliability amidst the retirement of coal-fired power.

Following the early success of its solar integrated Gannawarra Energy Storage System, Edify Energy has again opted for Tesla Megapack as its preferred battery energy storage system for its combination of storage projects totalling 150MW/300MWh in the Riverina region of New South Wales.

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.

A proposed 900-kilometre electricity interconnector that will link power grids across three Australian states, unlocking gigawatts of new wind, solar PV and storage projects has progressed further with New South Wales network operator TransGrid confirming the Environmental Impact Statement for the project’s eastern section has been submitted.

Construction of a new $2.3 billion electricity interconnector that will link the South Australian and New South Wales energy networks is expected to commence early this year following the South Australian Government’s approval of the project’s Environmental Impact Statement.

Following approval from the Foreign Investment Review Board in November, the long-awaited sale of grid-operator Spark Infrastructure to a North American consortium led by private equity giant Kohlberg Kravis Roberts has been completed via a $5.2 billion “all-cash transaction”.