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Transtasman Electricity Cable

Sector: Power Generation (CCGT) • Location: Australia and New Zealand

Source: BusinessDesk | NZ

Project
Planned

An ambitious $12 billion plan to lay a cable between Australia and New Zealand to import and export electricity between the countries has reached its next stage. The company behind the idea, Taslink, said proof of concept work on the project had shown it was feasible, and it was seeking funding for the product development phase.

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Project Information

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The project “Transtasman Electricity Cable” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Australia and New Zealand. Taiyo aggregates data on it from BusinessDesk | NZ.

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Participants

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Status

Original status

planned

Taiyo status

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Description

Description

An ambitious $12 billion plan to lay a cable between Australia and New Zealand to import and export electricity between the countries has reached its next stage. The company behind the idea, Taslink, said proof of concept work on the project had shown it was feasible, and it was seeking funding for the product development phase.

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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