Developers express overwhelming interest in planned renewable energy zone in Australia’s New South Wales

first_img FacebookTwitterLinkedInEmailPrint分享PV Tech:Plans to establish the first of three ‘renewable energy zones’ (REZ) in the Australian state of New South Wales have seen an overwhelming level of interest, with a call for proposals chalking up a nine-fold oversubscription.NSW deputy premier John Barilaro said yesterday that the state government had received 113 registrations of interest, totaling 27GW, looking to connect to the 3GW REZ in the Central-West and Orana regions of NSW following a two-week proposal window launched in late May.“The Central-West Orana REZ is expected to generate AU$4.4 billion in investment, create 450 construction jobs, help put downward pressure on electricity prices and allow landowners to diversify their incomes by hosting renewable energy infrastructure,” Barilaro said. “By coordinating development in a strategic way, REZs also help us get the land use planning right, and renewables built in places that work for the community, not just developers.”The Central-West REZ is being used as a pilot for the renewable energy zone concept because it already has significant levels of interest from investors and an estimated 4.5GW of projects in the pipeline, the NSW government said.“The Central-West Orana REZ, the first of the state’s three Renewable Energy Zones, will be the modern-day equivalent of a traditional power station, capable of powering 1.3 million homes,” [state energy minister Matt Kean said.]Kean said a new body, the Energy Corporation of NSW, will oversee the development of the REZ, using the available funding to coordinate the technical design, planning processes, community engagement and other aspects of the initiative.[Ben Willis]More: Australia’s first renewable energy zone receives 27GW deluge of applications Developers express overwhelming interest in planned renewable energy zone in Australia’s New South Waleslast_img

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