Transgrid seeking interest in New England renewable energy

Participants will be asked to competitively bid an all-inclusive service fee for connection into the NETI, a transmission easement from Gunnedah to Tamworth, NSW.

Executive Manager of Business Growth Richard Lowe says the NETI will be the first step in the development of the New England Energy Zone.

“The new transmission infrastructure in the state’s north-west will host 1,400MW capacity and is one of three NSW energy zones presenting potential large scale generation options,” said Mr Lowe.

“The Federal and NSW Governments and the Australian Energy Market Operator support efforts to explore these zones to help enable the nation’s transition to a lower carbon economy,” he said.

In return for the service fee, participants will have guaranteed access to the NETI and related rights, in addition to development obligations for up to a total of 1,400MW of new renewable generation.

The NETI design will seek to minimise costs to generators through providing fit-for-purpose infrastructure, essential asset and support policies and grid stability.

Following the EOI to determine the market’s interest in taking capacity from the new transmission infrastructure assets, there will be a Request for Capacity (RFC) process.

The New England Connection Capacity Auction process will be managed by MUFG on behalf of TransGrid Services. EOI submissions are due 29 July, 2020.

Interested parties should contact MUFG to obtain the EOI at NECCA@au.mufg.jp

Media enquiries
Michelle Stone 0438 293917
michelle.stone@transgrid.com.au