As a part of its long-term plan to transition from coal-fired energy technology to scrub vitality, New South Wales has launched one other renewable vitality tender in search of no less than 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 no less than 12 GW of renewable vitality technology. and a couple of GW of long-term storage by 2030 to assist change the state’s getting older coal-fired energy stations.
AEMO Companies, which is managing the capability tender course of in its capability as NSW Shopper Trustee, stated the newest tender sought an indicative quantity of two,500 GWh (about 950 MW) of technology and 550 MW of excessive lengthy (no less than eight hours) storage , however extra could be supplied 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 inside the renewable vitality zones.
AEMO Companies Chair Paul Moy stated the tender would look to construct on the success of the inaugural tender spherical, which ended in the beginning of Could.
The tender gives renewable vitality tasks price $2.5 billion in funding, together with two photo voltaic farms, a wind farm and a long-duration battery that may contribute 1.4 GW of renewable vitality technology in NSW. The three technology tasks chosen for the primary tender spherical exceeded AEMO Companies’ indicative goal of greater than 400 MW.
Moy stated the primary tranche of renewable vitality tasks, drawn from a shortlist of 16 tasks representing greater than 4.3 GW of large-scale technology 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 vitality,” he stated.
“We are going to proceed to construct on that work and refine our supply to make sure that subsequent tenders get pleasure from the identical success.”
Moy stated that the sturdy group of tasks that have 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 strong foundation for the subsequent one. that tranche of bids with unsuccessful sponsors from the inaugural tender. are inspired to submit bids.
“We now have designed our tenders particularly to permit unsuccessful proponents to submit subsequent bids at little further price to them,” he stated. “This gives 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 can be properly 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 Performing Government Normal Supervisor Graeme Edie stated the two-stage course of for this tender spherical will likely be just like that used within the inaugural spherical.
“The primary stage is an analysis towards non-price standards, corresponding to neighborhood profit and native employment,” he stated. “The second stage is a monetary worth evaluation for the shortlisted tasks, which determines the tasks that finest ship within the long-term monetary curiosity of NSW electrical energy shoppers.”
Edie stated profitable tasks will likely be awarded long-term vitality service agreements (LTESAs) that may present a ground value for output, permitting for larger funding certainty for builders.
The primary tender spherical delivered strike costs about 40% under the extent price of electrical energy which Edie stated “exhibits that the market understands the benefits and worth of the LTESA contract.”
“AEMO Companies designed and consulted on these new choice contracts, and the suggestions obtained from the market is that they’re extremely wanted,” he stated. “We count on sturdy competitors for them on this tender part, rising over time because the plan progresses.”
This tender part is the second for technology and long-term storage and the third within the tender schedule of AEMO Companies. The state can be in search of bids for at least 380 MW of shorter-duration ‘firming capability’ (no less than two hours of storage) to complement sources at main load factors forward of the approaching shutdown. on the Eraring coal plant in late 2025.
This content material is protected by copyright and is probably not reused. If you wish to cooperate with us and wish to reuse a few of our content material, please contact: editors@pv-magazine.com.
