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TransGrid New England Renewable Energy Zone

Sector: Commercial • Location: Australia

Source: Australian Renewable Energy Agency (ARENA)

Project
Closed

TransGrid Services (TGS) will assess the feasibility of developing a New England Energy Zone in New South Wales (NSW). This project will focus on identifying a new commercial model to encourage transmission infrastructure development and connect new renewable energy projects in NSW. The Australian electricity system is in transition from one substantially supported by coal resources, to one increa

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The project “TransGrid New England Renewable Energy Zone” is an infrastructure initiative in the Commercial sector, located in Australia. Taiyo aggregates data on it from Australian Renewable Energy Agency (ARENA).

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Description

Description

TransGrid Services (TGS) will assess the feasibility of developing a New England Energy Zone in New South Wales (NSW). This project will focus on identifying a new commercial model to encourage transmission infrastructure development and connect new renewable energy projects in NSW. The Australian electricity system is in transition from one substantially supported by coal resources, to one increasingly powered by renewable energy.As coal fired generation assets retire, there is a need for investment in new generation capacity. The Australian Energy Market Operator (AEMO) has identified that without new generation capacity there will be a shortfall in supply.New energy zones have been identified as a way to encourage investment in large-scale renewable energy generation. To date, however, no new energy zones have been developed due to regulatory and commercial barriers. This project seeks to test an innovative model for the deployment of transmission infrastructure to support new energy zones.

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High

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