The New South Wales (NSW) Government in Australia has announced a A$79m plan for New England to develop another large 8,000MW Renewable Energy Zone (REZ) in the region, amid the country’s Covid-19 recovery.
The main role of the REZ is to make strategic transmission upgrades and bring new generators online in areas with strong renewable resources and community support.
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NSW Deputy Premier John Barilaro said that the government was focused to deliver new energy infrastructure that will lower electricity bills, create jobs, and boost NSW’s renewable investment.
Barilaro said: “The New England REZ is expected to attract A$12.7bn in investment, support 2,000 construction jobs and 1,300 ongoing jobs – all while lowering energy prices and future- proofing the regions.”
NSW Energy Minister Matt Kean said that the upcoming New England REZ was the biggest commitment to cheap, clean energy in the state’s history.
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By GlobalData
