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The New South Wales government has formally declared the state’s third Renewable Energy Zone (REZ). The South West REZ, as its called, is centred around the towns of Hay and Balranald in the state’s western Riverina region, with initial expressions of interest in the zone attracting up to 34 GW of generation proposals – more than 13 times the intended capacity of 2.5 GW.
The $3.3 billion Hume Link transmission line and “renewable energy zones” are top of the wish list for Commonwealth funds.
New South Wales has launched the first in a series of rolling tenders, as part of the Australian state's plans to develop 12 GW of renewables and 2 GW of storage by 2030.From pv magazine Australia The
Australia’s national regulatory framework for offshore energy came into effect in June 2022. Since then, there has been a flurry of activity in the offshore wind sector with domestic and international developers announcing new projects almost every week. This includes Copenhagen Energy’s proposal to develop four 3GW offshore windfarms, which will be the largest in Australia if they go ahead.
The NSW power grid owner insists the huge transmission project can be delivered on time, shrugging off doubts amid scarce skilled labour and rising costs.