Meeting Queensland’s long-duration energy storage task for its renewable energy zones would have cost $18 billion more with batteries than pumped hydro.
Meeting Queensland’s long-duration energy storage task for its renewable energy zones with batteries would cost $18 billion more than doing it with pumped hydro, the head of the northern state’s energy and public works department says.
“I think that’s good for industry, but it’s also good for households. And it keeps overall system cost down as we roll out the process.” But Mr Hay dismissed suggestions the budget for Central West Orana had blown out fivefold to $3 billion, saying the original estimate was from “early days” before EnergyCo took over the delivery.
Marie Jordan, head of network at TransGrid, said a push to build the $5 billion HumeLink transmission system underground would add $1 billion in costs due to the delay, in addition to the much higher cost associated with the alternate plan pushed by opponents to overhead wires. TransGrid is also building the $2.3 billion EnergyConnect and $3.3 billion VNIWest.
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