Exclusive: The state government will back five new pumped hydro schemes – from Illawarra to Bathurst and as far north as New England – as the energy market operator issues a new warning that NSW faces an energy shortfall | Laura_R_Chung
The state government will announce funding for five new pumped hydro schemes across NSW, from the Illawarra to Bathurst and as far north as New England, as the national energy market operator issues a new warning that the state faces an energy shortfall.
The approved projects are in Lithgow, Yetholme, Wollomombi, Bowral and Muswellbrook, and if completed would provide a combined capacity of 1.75 gigawatts. The state government has a target to build at least 2 gigawatts of new long-duration storage, which includes pumped hydro, by 2030. Climate Council senior researcher Tim Baxter said the outlook highlighted the need for governments to deploy clean energy solutions and accelerate projects in the pipeline, including key energy storage projects like pumped hydro.
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