This report is the final Knowledge Sharing Report for Transgrid / Lumea TransGrid; New England Renewable Energy Zone – Pilot for commercial development of transmission structure project. This report describes the project, the activities undertaken, outcomes achieved and key lessons learnt.
Report extract
The Australian electricity system is in transition to eventually be substantially supported by renewable energy, including solar, wind and hydroelectricity. The 2020 Integrated System Plan forecasts that approximately 26 GW of new utility scale renewable generation is required by 2040 for the optimal development of the power system; this is driven by customer demands, the lower comparative cost of renewable energy and supportive government policies. The generation transition will require significant upgrades and expansion of the existing transmission network to enable more new generation to connect, in locations where renewable energy resources are strongest.