Owners of Vales Point coal-fired power station told to apply for a $8.7m grant to pay for repairs weeks after funding was announced in the federal budget.
Date Time
Energy and emissions reduction deal with Tasmania
Joint media release with Prime Minister Scott Morrison, Tasmanian Premier Peter Gutwein and Tasmanian Minister for Energy Guy Barnett
The Morrison and Gutwein governments have signed a State Energy and Emissions Reduction Deal that will create thousands of jobs and deliver secure, reliable and affordable power to the state and the broader National Electricity Market (NEM).
Under the agreement, the governments will work closely to deliver Battery of the Nation and Marinus Link projects to better connect Tasmania with mainland Australia and the NEM, while improving energy security, keeping prices low and reducing emissions.
15 December 2020
Energy minister Angus Taylor’s stalled Underwriting New Generation Investments program may be deployed to underwrite two new state-owned hydro generation and energy storage projects in Tasmania.
The two projects, unveiled as part of a wider energy deal struck between the Morrison and Gutwein governments that includes federal government investment in the Marinus Link to the mainland, include the expansion of the Tarraleah hydroelectric plant, located on Lake King William in the centre of the state.
The state government-owned utility Hydro Tasmania will also conduct additional works towards the establishment of new pumped hydro energy storage facilities at Lake Cethana, identified as the preferred location for pumped hydro storage facilities that would be the first stage for a larger vision to establish Tasmania as the ‘battery of the nation’.