This report details the market and commercial considerations required to support the development of a pumped hydro scheme in Australia. It also provides an update on the progress of the full feasibility study.
Report extract
On 28 August 2018, Origin and ARENA executed a Funding Agreement for the provision of $2m of funding by ARENA to support Origin’s Full Feasibility Study into the expansion of its existing Shoalhaven Pumped Hydro Scheme (SPHS). This Full Feasibility Study aimed to investigate the following:
- Geotechnical assessment
- Spoil Management planning
- Optimal asset design
- Technical feasibility
- Financial feasibility
- Planning & Environmental processes
- Impact on water users
The completion of these assessments will provide Origin with an understanding of the feasibility of an expansion of Shoalhaven Pumped Hydro Scheme and will ensure that an expansion is designed to a high technical, environmental and commercial standard in-line with expectations.