New South Wales renewable energy zone draws 34 GW of interest

Solar panels in New South Wales. Image by NSW Department of Planning and Environment (www.planning.nsw.gov.au/).

August 27 (Renewables Now) - The government of New South Wales (NSW) has received 80 registrations of interest, representing an immense 34 GW of potential renewable energy projects, for its New England renewable energy zone (REZ).

The level of interest is more than four times that needed to develop the 8-GW REZ, Australia's largest, the government said today.

A Registration of Interest (ROI) process was launched in June as the first step in engaging industry on planning for the New England REZ. Which projects will participate in the REZ will be determined by the a competitive tender process. According to the government’s announcement today, the first auctions for renewable energy projects across NSW are expected in 2022.

NSW energy minister Matt Kean said the strong response to the ROI showed huge investor confidence in the state's Electricity Infrastructure Roadmap, which includes plans to deliver five REZs.

The first such zone announced by the local government, the Central-West Orana REZ, is designed to have a capacity of 3 GW. Last year the government received expressions of interest totalling 27 GW for it.

The Energy Corporation of NSW (EnergyCo) will now use the ROI data to inform the next phases of REZ design, while continuing engagement with local stakeholders.

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Browse all articles from Plamena Tisheva

Plamena has been a UK-focused reporter for many years. As part of the Renewables Now team she is taking a keen interest in policy moves.

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