View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Uncategorised
July 13, 2020

New South Wales to create second Renewable Energy Zone

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.

By Yoana Cholteeva

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.

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.

Read the full article here

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Power Technology