The rise in renewable energy could be stymied without billions of dollars of investment to enable the grid to handle power from new wind, solar and hydro projects.
State government modelling found the project would allow Victoria to export 1930 megawatts of electricity to NSW from renewable projects. Billions of dollars of investment is needed to upgrade the power grid to handle new renewable energy projects.The AgeOn Friday, Australian Energy Market Operator and NSW grid operator Transgrid released a joint assessment of the proposed KerangLink inter-connector, a massive new high-capacity, high-voltage overhead transmission line running between Victoria and NSW.
But so far, the timing or financing arrangements are unclear, with AEMO suggesting only that the project must be built by the middle of 2031 “or earlier with additional support”. The issue will be raised at an upcoming meeting of state and federal energy ministers on August 12.The federal government is promising to spend $20 billion to rebuild and modernise the national electricity grid. That includes potentially underwriting projects such as KerangLink.
, released last month, said the National Electricity Market would need to generate twice as much electricity by 2050 “to serve the electrification of our transport, industry, office and homes, replacing gas, petrol and other fuels”.
joshgordo Piss off from a fully self sustained and maintained CLOSED INDEPENDENT COUNTRY TO THIS UNFATHOMABLE ABORTION IN OUR DECLARED WAR ZONE, THE EXODUS SCABS SQUATTERS GOT THEIR FREE ATTACK SHOPS, FREE RESOURCES, FREELOADERS ENEMIES - WAR ZONE DERRRR! Now your still FIRESELLING more!
joshgordo ROT IN HELL our security back UP STATIC infrastructure was attacked by the renewable scabs, scammers, invasions enemies squatters,who illegally installing FORBIDDEN TECHNOLOGY permanent FEDERAL moratoriums - war crimes -all POWERLINES, poles,steal towers,landline phones,security?
joshgordo Boy it costs a fortune to get cheap energy
joshgordo In Victoria we have extensive existing infrastructure for gas, new net zero gas, but these pelicans want to reinvent the wheel with a massive, expensive electrification agenda. Rewiring the state to cope, but sourcing power from intermittent renewables. Recipe for disaster.
joshgordo been hit for a 6……..keep this stupidity up Oz. For They are laughing all the way to Strength.
joshgordo MMCC is total bullshit.
joshgordo This ones got bigger issues.......Shootings every week right across her electorate. Whos in charge?
joshgordo Errr... People been saying this for years. Why do you think people were speaking up against unrealistic climate targets.