July 25 (Renewables Now) - Ten projects will compete for contracts with state-owned electricity generation and trading company CleanCo in a tender for up to 400 MW of renewables capacity with energy storage in Queensland, Australia.
The Renewables 400 reverse auction seeks to bring fresh wind, solar and battery storage capacity into the market. The government announced the 10 shortlisted projects on Wednesday, saying CleanCo will gather binding proposals from them and then recommend projects to the government early next year.
The following table contains a list of the shortlisted candidates and their proposals.
|Acciona Australia||MacIntyre Wind Farm||540|
|Edify Energy||Majors Creek Solar Farm||200|
|First Solar Australia||Chinchilla Solar Farm||100|
|Goldwind Australia||Clarke Creek Wind Farm||800|
|Infigen Energy||Forsayth Integrated Facility (wind+storage)||65|
|Lyon Infrastructure Investment||Cape York Solar Storage||55|
|Neoen Australia||Kaban Green Power Hub||130|
|Pacific Hydro Australia Developments||Haughton Solar Farm||100|
|Vena Energy||Collinsville North Solar||100|
|Windlab||Lakeland Wind Farm||100|
CleanCo will start trading in the national electricity market on October 31, 2019. The entity was set up in 2017 as part of the Powering Queensland’s Future plan. The state-owned generator will take over the 570-MW Wivenhoe pumped storage hydropower station, the 385-MW gas-fired Swanbank E power station and the Kareeya, Barron Gorge and Koombooloomba hydropower stations from the state’s other publicly-owned generators Stanwell and CS Energy. These will create CleanCo’s starting pack of generation assets, to which it will add renewables capacity with storage in order to increase competition and supply, putting downward pressure on power prices in the state.
According to the government’s estimates, CleanCo is expected to lower wholesale electricity prices by AUD 7 (USD 4.9/EUR 4.4) per MWh on average, bringing around AUD 70 per year in savings for the average Queensland household.
Queensland's goal is to reach a 50% renewables share by 2030.
(AUD 1.0 = USD 0.698/EUR 0.626)