A “virtual storage” contract between Hydro Tasmania and two buyers – Macquarie Group and Shell-owned ERM Power – heralds the arrival of game-changing digital energy market tools.
Pumped Hydro
New front in transmission war, as TransGrid flags Snowy 2.0 network upgrades
NSW ministers called on to prevent “wholesale destruction” of Kosciuszko National Park by Snowy 2.0 transmission line works.
Genex commences early works at flagship pumped hydro project
Genex starts early works at Kidston pumped hydro project in anticipation of final sign off by key project partners.
Genex buys more time to finalise flagship pumped hydro project
Genex board confident of landing final investment approvals for pumped hydro project after securing more time from key project partners.
Old Hunter Valley coal mine could be turned into big pumped hydro storage plant
An old underground coal mine near Newcastle could be converted into a 600MW pumped hydro storage facility.
Taylor’s UNGI may underwrite two state-owned hydro projects in Tasmania
Morrison’s investment in Marinus Link set to unlock investment in new hydro energy plants in Tasmania, as concerns raised about government interventions.
Morrison steps in to take majority stake in Marinus Link project
Morrison steps in to provide $94 million to co-fund development of the Marinus Link undersea cable, as part of a deal struck with the Tasmanian government.
Genex kick-starts Kidston wind project, securing partnership with J-Power
Genex secures $1.5m development deal with Japanese utility J-Power to commence development works for Kidston wind project.
REP to fast track 500MW wind component of “battery of the north” renewables hub
REP brings forward 500MW wind component of Bowen renewable energy hub, as state authorities kick off environmental review of “battery of the north”.
CEFC chips in to help fund transmission links for Snowy 2.0
CEFC strikes $125m deal with TransGrid to deliver new network infrastructure, helping to fund Snowy 2.0’s connection to the main grid.
