The AMCouncil is delighted to announce that Noel Collins has taken over as the Power in Asset Management (PiAM) special interest group (SIG) Chair. The AMCouncil would like to extend its sincere thanks to Wendy McPate, outgoing PiAM Chair, for her time and efforts in establishing this SIG, and her timeless contribution to developing it over the last couple of years.
Fifteen million dollars is being invested by the Australian Renewable Energy Agency (ARENA) to RayGen for the building of a new solar hydro power plant.
AusNet Services recently installed Gippsland’s first community battery, powering the township of Mallacoota through a grid-connected energy storage system within its network.
The Mallacoota Area Grid Storage (MAGS) is a $7.5 million1 project aimed to greatly improve power reliability in the town. The project involves creating new energy facility including assets such as a large-scale battery, generator and associated equipment.
The Gippsland Basin Joint Venture West Barracouta project is up and running, delivering gas to eastern Australia.
The largest proven yet undeveloped gas field off the coast of south-eastern Australia received a $400 million investment1 and will now curb the potential gas shortage that had been projected for the eastern states as early as two years from now.
TransGrid commits to delivering the nation’s biggest interconnector and will invest $1.8 billion1 into its construction.
The interconnector, EnergyConnect, is a transformational energy project which will save NSW customers up to $64 annually on the average household bill. Construction of the interconnector will generate 1500 new jobs in regional NSW.
The Queensland government will invest $150 million1 into Genex’s Kidston Pumped Storage Hydro Project (K2-Hydro).