Government South Australia has approved the Goethe South project, including Neon Building a wind and solar energy storage plant would require an investment of $ 3 billion And it will help push the state towards a 100% “net” renewable goal.
Coeter South, developed by Neon, the French renewable team that already operates the Hornstale wind farm and nearby large Hornstale battery, will have 1,200 megawatts of wind power, 600 megawatts of solar power and up to 900 megawatts of battery. Capacity., With probably two hours of storage (1,800 MW).
Minister of State for Energy, Don von Holst Pellegon, Said the project, located near Burra, would create hundreds of jobs and was a major reason why the government wanted to build a new transfer link from South Australia to New South Wales. “This, again, highlights the importance of the interconnector, which will create cheaper and cleaner electricity and regional employment,” he said in a statement.
“The Australian Energy Market Operator (AEMO) Considers the SA-NSW interconnector to be a “critical” and “no regret” to keep the lights on in South Australia. It is also important to protect projects such as Goiter, which could only grow to $ 3 billion with the South Australia-New South Wales Internect. “
Announcing the early closure of the Yellowstone Lignite Power Plant in Victoria, Van Holst Pellecon said it also offered South Australia the best opportunity to become a renewable energy exporter.
“The interstate coal generators will continue to shut down and this will be a factor in increasing interconnection so that we can export our renewable energy to other states.”
However, both Van Holst Pellecan and New South Wales Energy Minister Matt Keane have expressed frustration with the lengthy regulatory process, which, with a $ 2.4 billion cost increase, delayed final approvals for the project, despite AEMO insisting that it was important to support the transition to more renewables.
Goiter South already has a long-term supply contract with the ACT government for the 100 MW wind component, which is one MW. With a record price of 44.97, and since this is a fixed price for the life of the contract, it translates to a price today of about $ 35 / MW.
Neon expects to build the first phase of the project, which will be up to 400 MW in the second half of 2022. “We are delighted to hear a positive response to Coyote South,” said Louis de Spoosi, managing director. Neon Australia. “We would like to thank the community and the Government of South Australia for their warm welcome and their continued commitment to the transition to renewable energy.”
“Not only will Goiter South help South Australia achieve 100% Net Renewables by 2030, it will also provide income security for farmers and jobs in the Goethe region. Electronet And AEMO ”.