This report details the offering of a large-scale, low-cost and flexible solution to Queensland’s growing peaking power requirements.
Report extract
In December 2015, Genex Power Limited (Genex) secured up to $4M in Federal Government funding from the Australian Renewable Energy Agency (ARENA). This funding was provided to assist with the progress and development of the detailed feasibility works associated with the 250MW Kidston Pumped Storage Hydro Project (K2-Hydro).
In November 2016, Genex announced the successful completion of the Technical Feasibility Study (TFS) for K2-Hydro, completed by engineering consultancy firm Entura. Following this, in October 2017, Genex announced the completion of a TFS Optimisation by waterengineering specialist Mott MacDonald. As a result of these works, Genex was able to successfully meet the objectives of the Measure, by providing a bankable engineering solution that was also financially viable.
