New England to Light up With Second NSW Renewable Energy Zone

PVTIME - New England will become a NSW powerhouse, with the NSW  Government  today announcing a $79 million plan to develop a second, massive 8,000 MW Renewable Energy Zone (REZ) in the region.

Deputy Premier John Barilaro said the Government was forging ahead
with its plans  to deliver new energy  infrastructure that will lower
electricity bills, create jobs and make regional NSW the home of
renewable energy investment.

“The New England REZ is expected to attract $12.7 billion in
investment, support 2,000 construction jobs and 1,300 ongoing jobs – all
while lowering energy prices and future- proofing the regions,” Mr
Barilaro said.

“Regional NSW is the best place in Australia  for renewable  energy
investment and the jobs  it creates, and this funding allows us to
unlock that potential.”

Energy Minister Matt Kean said the massive 8,000 MW New England REZ
was the biggest commitment to cheap, clean energy in the State’s
history.

“The nine-fold level of interest in the Central-West Orana REZ was
astounding, so it makes absolute sense to go even bigger with the New
England REZ,” Mr Kean said.

“The New England REZ will be able to power 3.5 million homes and,
when coupled with Central-West Orana REZ, sets the State up to become
the number one destination across Australia for renewable energy
investment.”

Member for Northern Tablelands Adam Marshall said the REZ represented
an excellent opportunity for the region to create jobs, diversify its
local economy and improve local roads and telecommunications
infrastructure.

“Our region is fast becoming the renewables capital of NSW and we’re
home to some of the best renewable energy resources in the country, with
flagship wind and solar projects  at Glen Innes and Armidale living
proof of this potential,” Mr Marshall said.

“Today’s official declaration of New England as an 8,000 MW REZ is a
long-awaited milestone for the future of the region and I am determined
to see community-wide benefits flow from this announcement.”
 
REZs involve making strategic transmission upgrades to bring multiple
new  generators online in areas with strong renewable resources and
community support.

The New England REZ is the second Renewable Energy Zone planned for
NSW and will be built in stages, with the delivery timetable to be
developed throughout the detailed planning process.

For more information go to: energy.nsw.gov.au/renewables/renewable-energy-zones.

Share