New South Wales has shortlisted 16 tasks envisaging the deployment of greater than 4.3 GW of energy era and storage capability to proceed within the first spherical of tenders aimed to facilitate the creation of a big renewable vitality zone.
The state authorities introduced on Friday that the proposals, particular particulars about which weren’t accessible, will probably be reviewed by the Australian Vitality Market Operator (AEMO). The shortlisted candidates have a deadline till February 10 to submit their monetary worth bids.
Following the evaluation, the profitable tasks will probably be awarded long-term vitality service agreements.
The inaugural tender underneath the state’s Electrical energy Infrastructure Roadmap has been met with “overwhelming investor interest,” mentioned Vitality Minister Matt Kean. In response to the federal government’s knowledge, the procurement spherical lured bids for greater than 5.5 GW of wind and photo voltaic era capability and over 2.5 GW of long-duration vitality storage proposals.
In October 2022, New South Wales launched a renewable vitality and storage coverage tied to the creation of 5 huge Renewable Vitality Zones throughout the state. The state then set an goal to construct 12 GW of renewable vitality capability and a pair of GW of long-duration storage like pumped hydro by 2030 and unveiled plans to facilitate the method by holding bi-annual tenders over a interval of 10 years.
New South Wales expects the tender programme to draw AUD 32 billion (USD 22.7bn/EUR 20.9bn) in non-public investments.
(AUD 1.0 = USD 0.7103/EUR 0.653)
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