Tasmania signs pact to support multi-gigawatt offshore wind project
The signing of a pact for the Bass Offshore Wind Energy (BOWE) project in Tasmania. Source: Nexsphere.
The Tasmanian government has committed to working together with the owners of the multi-gigawatt Bass Offshore Wind Energy (BOWE) project to secure offshore wind power supply for northern Tasmania, it was announced today.
Energy minister Guy Barnett has signed a Memorandum of Understanding (MOU) with representatives of Norwegian energy major Equinor ASA (NYSE:EQNR) and Aussie firm Nexsphere, which are partners in the multi-billion-dollar project in the Bass Strait.
The MoU outlines commitments to supply offshore wind power to the northern part of the state for purposes that include future green hydrogen and aluminium production at Bell Bay, as well as to formally establish northern Tasmania as an Offshore Renewable Energy Zone. Once this status for the area is declared by the government, BOWE will progress through the feasibility licensing process.
While the exact size of the project has not yet been set, the announcement mentions that the wind farm will “have an initial estimated capacity measured in the gigawatt-scale, subject to state and commonwealth government approvals and customer demand.”