Australian Energy Projects Announced – Snowy 2.0 And More
Throughout the upcoming election campaign, the Australian energy sector is bound to be a major discussion point. As a result, it seems there’s new energy projects popping up across the country. Furthermore, many of these projects have a clean, green focus with Snowy 2.0, Pacific Hydro and Australian Paper leading the way. Recent research from Australian National University suggests Australia could meet its emissions reductions by 2022. This puts the country 5 years ahead of schedule, partly due to projects like the ones below.
The NSW State Government approved exploratory works for a large-scale upgrade to the Snowy Mountains Hydro-electric scheme. The project will be investigating the possibility of an underground power station in the area, which would take the number of hydro power stations in the scheme to 10.
The Snowy 2.0 project hopes to generate an addition 2,000 megawatts of energy generation capacity. To offset the impacts of the work, Snowy Hydro will also be required to pay $10.5 million. The National Parks and Wildlife Service will use these funds to support the Kosciuszko National Park.
Pacific Hydro Solar Projects for Australian Energy
Pacific Hydro has received planning approval for two new solar farms in Victoria and Queensland. The company hopes to generate a combined 555MW of renewable energy from the farms. As a result, this would be enough to provide power to 300,000 Australian energy customers.
Mitiamo in northern Victoria will be home to the new Prairie Solar Farm. The Clarke Creek Solar Farm is located north of Rockhampton. Consequently, Pacific Hydro will now begin the process of commissioning technical studies and analysis on how to progress both projects.
Australian Paper Energy from Waste Project
Australian Paper has joined forces with global waste management company SUEZ to develop a $600 million Energy from Waste (EfW) project at it’s Maryville Mill.
As Victoria’s largest industrial user of natural gas, Australian Paper are hoping for a more sustainable future when it comes to energy use. So not only will the EfW project power their mill, but it will return approximately 30MwH per hour to the national energy grid, and also remove around 650,000 tonnes of waste from Melbourne and Gippsland landfill, saving huge amounts of carbon emissions per year.
Find the Cheaper Australian Energy
Pacific Hydro, Australian Paper and the Snowy 2.0 project are doing great things for the future. In the meantime, if it seems like you’re paying too much for power in the current climate, Billy Sumo can potentially find you a better deal!