A key part of the $386 million Powering North Queensland Plan will commence today with an Expression of Interest (EOI) process for the proposed 2,000MW North Queensland Clean Energy Hub feasibility study.
The Palaszczuk Government has allocated $150 million towards the development of strategic electricity transmission infrastructure as part of the North Queensland Clean Energy Hub, subject to a feasibility study. The EOI was announced in a media release today by the government. It can be viewed on Australian Tenders by subscribers.
“This is all part of our plan to unlock a wave of energy projects to power the North Queensland economy and support 5000 jobs,” Treasurer and Acting Minister for Energy Curtis Pitt said.
“Our plan will not only deliver investment and jobs to North Queensland but will also help to secure energy supply and drive down energy costs for consumers.”
Mr Pitt said Powerlink was conducting the EOI from today on behalf of the Queensland Government.
“The four week EOI process will seek market information on a range of aspects, including potential generation interest, storage options and significant load requirements and will be open from 11 August until the 8 September,” Mr Pitt said.
“We encourage all companies with an interest in the North Queensland Clean Energy Hub to flag their potential involvement and provide us with the latest market information via the EOI process.
“The information received as part of this process will be treated confidentially and will inform the options for potential routes for the transmission infrastructure and project timing.
“This is an important project which will drive cost savings by generating economies of scale through multiple generators and loads sharing transmission infrastructure rather than seeking individual network connections.”
Minister Assisting the Premier on North Queensland and Member for Mundingburra Coralee O’Rourke said the Clean Energy Hub would play a key role in diversifying North Queensland’s energy supply and supporting the 50 per cent by 2030 renewable energy target.
“We know people in the North are really concerned about power prices. An important part in stabilising prices is making sure we invest in local, North Queensland infrastructure,” Mrs O’Rourke said.
Expressions of Interest are now invited from potential proponents that may seek to connect to the high voltage electricity network if and when the Clean Energy Hub is constructed. This includes proponents of renewable generation, storage options, and significant new load requirements in the region.
Interested parties are encouraged to view the expression of interest process as an important opportunity to inform the early-stage identification and design of transmission options.
If deemed feasible, this initiative will play a key role in diversifying North Queensland's energy supply and potentially unlocking up to 2000 megawatts of renewable energy projects which would otherwise not be developed.
Interested parties are invited to submit Expressions of Interest by 8 September 2017.