Australia: Future multi-billion dollar transmiss
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Posted On: 11/22/2024 10:01:23 AM
Australia: Future multi-billion dollar transmission upgrades to boost Queenslands grid-scale solar
An Oxford Economics Australia report has found electricity construction activity has been at a record high of $19.2 billion over FY24, and with an expected investment of $5 billion a year to FY30, the way forward for large solar projects is clear, especially for Queensland.
November 22, 2024 Ev Foley
https://www.pv-magazine-australia.com/2024/11...ale-solar/
“Ongoing transmission work on the Queensland-NSW Interconnector (QNI) upgrades and Central- Hunter Transmission Project will unlock even more solar and wind investment in these zones to service demand in NSW and South-East Queensland.”
Battery project investment will grow from $2.6 billion in FY24 to $4.6 billion in FY25, five times its FY23 level of $912 million.
icymi
An Oxford Economics Australia report has found electricity construction activity has been at a record high of $19.2 billion over FY24, and with an expected investment of $5 billion a year to FY30, the way forward for large solar projects is clear, especially for Queensland.
November 22, 2024 Ev Foley
https://www.pv-magazine-australia.com/2024/11...ale-solar/
“Ongoing transmission work on the Queensland-NSW Interconnector (QNI) upgrades and Central- Hunter Transmission Project will unlock even more solar and wind investment in these zones to service demand in NSW and South-East Queensland.”
Battery project investment will grow from $2.6 billion in FY24 to $4.6 billion in FY25, five times its FY23 level of $912 million.
icymi
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