14 February, 2017

NSW set to reap benefits of renewables revolution

NSW will be one of the big winners this year from the renewal of the nation’s antiquated electricity supply system.

Across the nation in 2017, more than $5.1 billion is being spent adding 2256 MW clean energy capacity across Australia, creating almost 3000 jobs during the construction phase. [1]

“NSW is set to reap huge benefits, with $1.6 billion being invested in six new solar and wind projects across the state,” Nature Conservation Council CEO Kate Smolski said. [See table next page.]

“These assets will add as much power to the grid as one dirty old coal-fired power station and will generate an estimated 1000 jobs for regional NSW.

“This is great news for regional communities, our climate and nature, but it is just a small step on the road to a modern electricity supply system.

“With only 5% of electricity in NSW coming from wind and solar, we lag well behind other states.

“People are looking to the Berejiklian government to turbo-charge the switch from a dirty polluting coal to a safe, secure and sustainable electricity system.”

Ms Smolski said the government must slash carbon pollution, increase the reliability of our power supply, and promote jobs by: 

  1. Setting enforceable targets to source 40% of NSW’s electricity from renewables by 2025 and 100% by 2030.
  2. Developing a plan for a quick and orderly phase-out of our antiquated coal-fired power stations in a way that is fair for power-station workers.
  3. Creating incentives for storage technologies like batteries and pumped hydro to make our electricity grid more stable and reliable.

References

[1] New renewable energy projects point to biggest year for industry since Snowy Hydro

www.cleanenergycouncil.org.au/news/2017/February/2017-renewable-energy-projects-snowy-hydro.html

 

CLEAN ENERGY PROJECTS IN NSW 2017 (CURRENT AND BEGINNING)

 

Projects under construction in NSW

Techno-
logy

Region

Developer

Project

MW

Invest-
ment

Jobs

Finish

Tur-
bines

Wind

Glenn Innes

Goldwind Australia

White Rock Stage 1

175

$400m

200

2017

70

Solar

Goulburn

Goldwind Australia

Gullen Range Solar Farm

10

$26m

70

2017

 

Projects with financial commitment – to start construction in 2017

Techno-
logy

Region

Developer

Project

MW

Invest-
ment

Jobs

Finish

Tur-
bines

Wind

Glen Innes

Partners Group / CWP Renewables

Sapphire

270

$350m

200

Q1

75

Wind

Crookwell

Union Fenosa

Crookwell 2

91

$200m 

80

Q2

33

Wind

Broken Hill

Powering Australian Renewables Fund

Silverton Wind Farm

200

$460m

150

Q1

58

Solar

Dubbo, Parkes,  Griffith

Neoen

Three projects: Dubbo, Parkes and Griffith

110

$230m

250

Q4

 

Totals

 

 

 

856

$1.666b

950

 

 

Source: Clean Energy Council, www.cleanenergycouncil.org.au/news/2017/February/2017-renewable-energy-projects-snowy-hydro.html

 

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