As a part of its long-term plan to transition from coal-fired energy era to scrub power, New South Wales has launched one other renewable power tender searching for at the least 950 MW of wind and photo voltaic capability and 550 MW of long run storage.
From pv journal Australia
The Australian state of New South Wales (NSW) has formally opened the third of what is going to be a decade of rolling tenders because the state continues to implement its Electrical energy Infrastructure Roadmap that goals to ship at the least 12 GW of renewable power era. and a pair of GW of long-term storage by 2030 to assist substitute the state’s ageing coal-fired energy stations.
AEMO Companies, which is managing the capability tender course of in its capability as NSW Shopper Trustee, mentioned the newest tender sought an indicative quantity of two,500 GWh (about 950 MW) of era and 550 MW of excessive lengthy (at the least eight hours) storage , however extra might be offered whether it is within the long-term monetary curiosity of NSW shoppers.
The tender is open to all tasks all through the state that may hook up with the prevailing grid infrastructure, no matter their location throughout the renewable power zones.
AEMO Companies Chair Paul Moy mentioned the tender would look to construct on the success of the inaugural tender spherical, which ended at first of Could.
The tender supplies renewable power tasks price $2.5 billion in funding, together with two photo voltaic farms, a wind farm and a long-duration battery that can contribute 1.4 GW of renewable power era in NSW. The three era tasks chosen for the primary tender spherical exceeded AEMO Companies’ indicative goal of greater than 400 MW.
Moy mentioned the primary tranche of renewable power tasks, drawn from a shortlist of 16 tasks representing greater than 4.3 GW of large-scale era and long-term storage, will function a operating begin for future installments.
“We spent greater than 12 months main as much as our first tender working carefully with traders and promoters to streamline the method and design new merchandise to encourage the acceleration of their infrastructure tasks in power,” he mentioned.
“We’ll proceed to construct on that work and refine our provide to make sure that subsequent tenders take pleasure in the identical success.”
Moy mentioned that the robust group of tasks that had been shortlisted within the non-price standards of the primary tender however haven’t but proven the identical monetary worth to electrical energy shoppers, will present a powerful foundation for the subsequent tranche of bids with unsuccessful proponents from the inaugural tender. are inspired to submit bids.
“We’ve got designed our tenders particularly to permit unsuccessful proponents to submit subsequent bids at little extra value to them,” he mentioned. “This supplies advantages to shoppers and bidders and is a crucial a part of our 10-year aggressive tender schedule.”
“The primary tender additionally exhibits the depth of the pipeline of tasks which are nicely positioned to resubmit high-quality bids on this tender. We count on many of those tasks to enhance their bids and achieve success .
AEMO Companies Appearing Govt Basic Supervisor Graeme Edie mentioned the two-stage course of for this tender spherical shall be just like that used within the inaugural spherical.
“The primary stage is an analysis in opposition to non-price standards, equivalent to group profit and native employment,” he mentioned. “The second stage is a monetary worth evaluation for the shortlisted tasks, which determines the tasks that greatest ship within the long-term monetary curiosity of NSW electrical energy shoppers.”
Edie mentioned profitable tasks shall be awarded long-term power service agreements (LTESAs) that can present a ground worth for output, permitting for better funding certainty for builders.
The primary tender spherical delivered strike costs about 40% under the extent value of electrical energy which Edie mentioned “exhibits that the market understands the benefits and worth of the LTESA contract.”
“AEMO Companies designed and consulted on these new possibility contracts, and the suggestions acquired from the market is that they’re extremely wanted,” he mentioned. “We count on robust competitors for them on this tender section, rising over time because the plan progresses.”
This tender section is the second for era and long-term storage and the third within the tender schedule of AEMO Companies. The state can be searching for bids for no less than 380 MW of shorter-duration ‘firming capability’ (at the least two hours of storage) to complement sources at main load factors forward of the approaching shutdown. on the Eraring coal plant in late 2025.
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