New South Wales

2023 - 1 - 4

Australia invests $6 billion in New South Wales transmission - Rethink (Rethink Research)

These lines will cover the Snowy Hydro pumped storage project and tens of GW of wind and solar across the state's Renewable Energy Zones (REZs). A similar ...

Batteries with no feeder length will cost between $45 per kW and $67 per KW according to connection voltage varying from 500 kV to 220 kV. According to the Australian Energy Market Operator (AEMO), investment of $114 billion will be needed in generation, storage and transmission through to 2050, with O&M being almost as much again. The Rewiring the Nation program, one of the central policies of the Labor government elected in 2022, has $13.5 billion to spend, with the Victoria-Tasmania deal and this New South deal being its first two major expenditures. Federal funding for the Link will come to $1 billion in low cost finance. - Humelink, the $2.2 billion project required to integrate Snowy 2.0’s planned 350 GWh of pumped hydro storage into the grid. Victoria also agreed to contribute an equal share of 20% of the cost of the Marinus Link to Tasmania alongside Tasmania and the federal government.

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Image courtesy of "The Guardian"

NSW forests could become net carbon emitters in coming decades ... (The Guardian)

Declining soil organic carbon could undermine state's commitment to net zero emissions by 2050.

Some independent candidates running in key Sydney seats are calling for an end to logging of native forests. Jacqui Scruby, an independent running for the seat of Pittwater, said it “doesn’t make sense to be setting emissions reduction targets and then subsidising native forest logging”. “The report highlights the importance of turning around the massive increase in land clearing under the Coalition government in the last five years,” he said. “If the government wanted to improve the condition of forests, the best thing you could do is stop remnant clearing and large-scale commercial harvesting of native forests,” he said. The commission said there was a risk of a cycle of declining soil organic carbon if there were repeated fires “or other disturbances such as grazing, timber harvesting or land clearing”. “In this case, forests will become a net carbon emitter in the coming decades, undermining key government commitments to achieve net zero carbon emissions by 2050,” the report states.

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