Sixteen projects capable of powering the equivalent of almost 1.6 million homes have been shortlisted under the inaugural tender of the NSW Electricity Infrastructure Roadmap.
Competitive bids for more than 4.3GW of generation and long duration storage will now be assessed by AEMO Services for their potential to deliver long-term financial value for NSW households and businesses.
Treasurer and Energy Minister Matt Kean said there has been overwhelming investor interest in the roadmap.
“This is a promising start to the $32 billion in private capital we expect to see through our 10-year schedule of rolling competitive tenders,” Mr Kean said.
“The state’s nation-leading roadmap will ensure that NSW households and businesses have clean, reliable and more affordable electricity for decades to come.”
Once the projects are assessed, successful applicants will be awarded long-term energy service agreements that will underpin the modernisation of the state’s electricity system.
Shortlisted projects have until February 10 to submit their financial value bids.
The NSW Electricity Infrastructure Roadmap is the NSW Government’s plan to transform the electricity system, by building at least 12GW of renewable energy and 2GW of long duration storage like pumped hydro by 2030.