Hydropower / Pumped Hydro Energy StorageProject Kidston Pumped Hydro Energy Storage
This lessons learnt report addresses issues with the construction of the Main Access Tunnel (MAT) and the recent water ingress event which occurred in September 2022.
Genex Power Limited (Genex, Company or Owner) is the 100% owner of the Kidston Clean Energy Hub, located in North Queensland (the Kidston Hub). Stage 1 of the Kidston Hub was completed in the form of the 50MW Stage 1 Kidston Solar Project, which was energised in November 2017. Stage 2 of the Kidston Hub is the 250MW Pumped Storage Hydro Project (K2-Hydro or Project) which is currently under construction, having reached financial close in May 2021. A further Stage 3 of the Kidston Hub, being a wind project of approximately 258MW which Genex is developing in a 50:50 partnership with Electric Power Development Co. Ltd (trading as J-POWER), is currently in feasibility stages along with a potential co-located solar farm of up to 270MW.