February 13 (Renewables Now) - AGL Energy Ltd (ASX:AGL) is expected this week to unveil an expression of interests (EOI) for around 500 MW of wind projects that, among other initiatives, will help replace the Liddell coal power plant in New South Wales, the Sydney Morning Herald reports.
The Australian utility announced at the end of last year it will shut down the Liddell station in 2022 and replace it with 1.6 GW of renewables, some battery storage, gas peakers and other capacities. More than half of this will come from renewables, according to a replacement plan published in December 2017. The annual generation of those facilities is estimated at 6 TWh, while the output of Lidell plant per year is 8 TWh.
The 500 MW of large-scale wind capacity will be delivered through two or three projects of between 250 MW and 300 MW or a single 500-MW scheme, AGL’s general manager for power development Dave Johnson told the newspaper. The investment that AGL is keen to allocate comes at around AUD 900 million (USD 708m/EUR 575m).
Shovel-ready projects, schemes that are at an advanced stage of the planning process and already permitted projects will be most preferred by the utility. No specific criteria will be set for the location of the projects, but the particular wind site will need to have at least three years of wind data and be not far from transmission infrastructure, Johnson said, as quoted by the media.
AGL is currently building the 200-MW Silverton wind farm in New South Wales and the 453-MW Coopers Gap wind complex in Queensland.
(AUD 1.0 = USD 0.787/EUR 0.639)