<
https://www.reuters.com/business/energy/transgrid-spend-11-bln-prepare-australian-state-100-renewables-2023-06-21/>
'SYDNEY, June 21 (Reuters) - Australia's most populous state will be ready for
100% renewable energy within a decade under a A$16.5 billion ($11.20 billion)
infrastructure investment plan announced by a major grid operator on Wednesday.
Transgrid, privatised in 2015, will invest in batteries and other energy
storage, as well as 2,500 kilometers (1,553.4 miles) of new transmission lines
across an area larger than Texas for "secure operation" of the grid at up to
100% instantaneous renewables.
The company owns and operates over 13,000 km of transmission lines across New
South Wales (NSW) state and the Australian Capital Territory.
"There will be no transition without transmission," Chief Executive Brett
Redman said in a statement.
"With over 80% of coal-fired capacity in NSW expected to retire and 28 gigawatt
of new renewable and storage capacity coming online in the next 10 years, we
must urgently accelerate the investment in all areas of the energy
transition."'
Via
Future Crunch:
<
https://futurecrunch.com/good-news-malaria-belize-crime-mexico-city-bison-montana/>
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
