Transgrid’s Australian Energy Market Operator’s (AEMO) roadmap highlights the urgent need for the accelerated delivery of its major transmission projects in NSW and Victoria.
“We are getting on with the delivery of the key projects needed to realise the Federal Government’s vision for a clean energy future and the Draft 2024 Integrated System Plan (ISP) clearly demonstrates why we need to accelerate our efforts to achieve this transition,” says Transgrid CEO Brett Redman.
“Delivering EnergyConnect, HumeLink and VNI West, which are critical components of the new roadmap, is essential if the National Electricity Market is to meet the energy needs of millions of Australians.
“The delivery of these projects will not only secure supply but will also provide access to cleaner, cheaper renewable energy for consumers,” says Transgrid CEO Brett Redman.
“While we are delivering these projects on behalf of Government, we are cognisant of the need to ensure that landowners, communities and energy consumers achieve the best possible balance of outcomes.”
The Draft 2024 ISP has identified that there is a clear need for urgent delivery of all actionable transmission projects. This includes Transgrid’s major projects EnergyConnect, HumeLink and VNI West which remain on the optimal development path for the transition.
“Delivering the transmission projects identified in this plan is expected to avoid $17 billion in additional costs to consumers if those projects were not delivered,” says AEMO CEO Daniel Westerman.
“Mr Redman said: “”Transgrid shares the bold ambition of our communities and governments to drive down energy costs and deliver a clean, sustainable and reliable energy future,” says Transgrid CEO Brett Redman.
“Over the next decade, Transgrid anticipates investing more than $14 billion in NSW to build 2,500km of essential transmission infrastructure to connect renewable generation to the grid, so that Australian families and businesses have access to cheaper, cleaner, more reliable energy,” says Transgrid CEO Brett Redman.
“We need to build the energy superhighways that will help disperse clean energy from where it is generated. to the homes, businesses and industries where it is needed,” says Transgrid CEO Brett Redman.
AEMO has invited written submissions before 16 February, 2024 to enable a final 2024 ISP by 30 June 2024. Click here for more information.
Click here to find out more about Transgrid’s critical role in enabling the clean energy transition.
Source: Transgrid 2023
Image Source: Transgrid 2023
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