Wednesday, 14 November 2018

GREENS WELCOME INVESTMENT IN NSW ENERGY TRANSMISSION INFRASTRUCTURE AS OPPORTUNITY FOR SUPPORTING NEW RENEWABLES

A fortnight after the Greens released their plan for eight renewable energy zones and upgrades to transmission projects in NSW, the State Government has today released its NSW Transmission Infrastructure Strategy.

The Greens have welcomed the four priority transmission projects identified in the strategy, including upgrades to the interconnectors with Queensland and Victoria, and a new interconnector with South Australia to enable renewable energy projects to connect to the grid and increase the resilience of the power network.

However, Greens MP and Energy spokesperson Jeremy Buckingham said that with the end of the Federal Renewable Energy Target and no carbon price in place, additional and specific state-based policies were needed to provide the framework for renewable energy investment.

"The Greens strongly support new electricity transmission infrastructure for NSW to facilitate renewable energy, but we need the right policy framework in place to ensure provide the investment certainty for renewable energy," he said.

"We are in a climate emergency which requires a rapid transformation from fossil fuels to renewable energy and storage. This strategy is a good start, but we need more state-based policies to drive the transformation.  Victoria, Queensland and the ACT are all leaving NSW behind.

"The Greens want NSW to be a renewable energy superpower.  We have the solar and wind resources and the expertise, what we need is the political will and right policy settings that will bring jobs and investment to regional areas of NSW.

"We want support from all major parties for our plan to establish eight priority Renewable Energy Zones for NSW as part of a national plan to supercharge investment in large-scale renewables connected to new transmission infrastructure.

"NSW should prepare now for the major transformation in the energy grid over coming years as outdated coal-fired power stations reach the end of their life and new connections from wind and large-scale solar plug in. It's a great opportunity to become a renewable energy powerhouse," he said.


12 November 2018

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