Transmission network operator Transgrid has secured state government approval for a “critical” $2.28 billion electricity interconnector that will link the New South Wales and South Australian energy networks for the first time.
Transmission network operator TransGrid has confirmed works on two high priority electricity infrastructure projects which will allow for more renewable energy to be connected to the National Electricity Market have reached major milestones.
Lumea is planning the first big battery to be financed without any government support at Melbourne’s Deer Park Energy Hub.
South Australian transmission company ElectraNet on Monday announced it will invest $457.4 million to deliver the its section of the Project EnergyConnect, the high-voltage electricity transmission interconnector between South Australia and New South Wales.
TransGrid and ElectraNet have shovels at the ready to begin work on the long-planned and hard-won Project EnergyConnect, which will link three Australian states with much needed capacity for transmission of renewable energy.
The Australian Energy Market Commission has again rejected requests from transmission network operators TransGrid and ElectraNet to allow for a change of rules governing financing arrangements for large-scale transmission projects considered critical for Australia’s shift to 100% renewables.
The ducks are lining up for the Central-West Orana Renewable Energy Zone to break ground in 2023. With money in the bank, TransGrid today begins community consultation on the proposed transmission corridor to support this efficient approach to renewable energy development.
Origin Energy has announced the progression of plans for a 700 MW megabattey with a dispatch duration of four hours at the site of its Eraring coal generator in the NSW Hunter region. The ageing Eraring Power Station is Australia’s largest, supplying approximately a quarter of NSW’s energy needs, and set to retire in 2032.
The Central West Orana Renewable Energy Zone (REZ) Transmission Project has been declared a ‘Critical State Significant Infrastructure’ project, with the New South Wales Government granting it priority status throughout the approvals process.
Australian engineering firm UGL ends the week on a high having landed a series of renewable energy sector contracts with a combined value of more than $112 million.
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