The Australian arm of French energy giant EDF Group has actually obtained and consented to co-develop the proposed 300 MW/3 GWh Dungowan pumped hydro energy storage job in New South Wales, Australia.
The Dungowan Pumped Hydro Energy Storage (PHES) job, now under advancement near Tamworth, New South Wales (NSW), has actually been gotten by France-headquartered EDF Group from Australian renewable resource designers Mirus Energy and Energy Estate, which will continue their participation as co-developers.
The Dungowan PHES, situated in the New England Renewable Energy Zone (REZ), is proposed to have a capability of 300 MW for as much as 10 hours of period and will lie downstream of the existing Dungowan Dam.
EDF Australia Chief Executive Officer James Katsikas stated the acquisition and joint advancement of the task shows the business’s dedication to establish crucial, tidy energy facilities in Australia and to deal with regional neighborhoods in doing so.
“We plan to work really carefully with the regional neighborhood,” he stated. “Our objective is not just to assist in tidy, renewable resource for the area, however likewise to promote financial development and develop brand-new chances for regional services and citizens.”
The Dungowan PHES task has actually remained in advancement given that 2014 and was granted pre-investment research studies moneying by the NSW federal government under the emerging energy program in 2019.
Mirus Energy creator Mark Waring stated the task is indeally situated and will assist in brand-new wind and solar tasks and supply firming and grid assistance services at a crucial point on the Australian National Electricity Market.
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“We thoroughly chose the website for the Dungowan PHES so it might support the advancement of the wind and solar renewable resource resources in the New England area,” he stated. “It is tactically situated in between retiring coal capability to the south and wind and solar capability to the east, west and north. The job lies so it can link to brand-new transmission facilities being established by EnergyCo or the existing transmission lines.”
Energy Estate co-founder Simon Currie stated EDF is the perfect partner to drive the advancement of the task, keeping in mind that it “comprehends the intricacies of establishing massive pumped hydro tasks and we have the ability to take advantage of their worldwide resources, capability and gain access to worldwide supply chains.”
“A sped up shift of the energy sector in NSW needs brand-new entrants with a performance history of effective shipment and a long-lasting dedication,” he stated.
EDF’s acquisition of the task forms part of its long-lasting prepare for Australia with Katsikas stating the business is intending to establish a portfolio of tidy energy tasks throughout numerous states.
“We have actually quickly constructed an advancement group on the ground in Australia through the very first half of 2023 and will continue to grow the group as we speed up,” he stated.
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